New York-based Vornado Realty Trust, in partnership with The JBG Companies, is one of three finalists bidding for an approximately $1.7 billion contract to build a new FBI headquarters building in the suburbs of DC, according to ABC News. In … Continue reading →
Under a new law, Utah restaurants can remove partitions, known as Zion curtains which hide bartenders preparing alcoholic drinks. These partitions, which are required to be solid, translucent, and permanent are typically made of frosted glass and are intended to … Continue reading →
Xceligent, a national commercial real estate data firm filed an antitrust
Continue reading →A Delaware statutory trust (DST) is a legally recognized trust created under the laws of Delaware for business purposes and can be offered as replacement property for accredited investors seeking to defer capital gains taxes through a 1031 exchange. DSTs … Continue reading →
Out of the 90 million residential units recorded during India’s 2011 census, 11 million units (about 12 percent of the total urban housing stock) were vacant. The vacancy rate for government sponsored housing units is 17.22 percent (as of Mach … Continue reading →
Commercial property assessed values in the Lee District of Fairfax County increased by 25 percent over the past five years from $3.98 billion in 2012 to $4.97 billion in 2016. Lee had the highest rate of increase among the county’s … Continue reading →
The 2016 House Republican tax reform plan calls for eliminating the tax deduction for interest payments as one of the ways to help offset lower tax rates – a provision estimated to be worth $1.5 trillion, according to The New … Continue reading →
The Maryland legislature passed a bill this month which lowers the threshold of property owners’ signatures required to create business improvement districts (BIDs) in Montgomery County, according to Bisnow. The bill, which the governor is expected sign, lowers the threshold from … Continue reading →
Autocracies systematically build more new skyscrapers than democracies, according to a V-Dem Working Paper. This trend prevails when controlling for income level, state control over the economy, country-fixed and year-fixed effects. A particular case of disorder cialis in australia icks.org … Continue reading →
The average asking rent rate in Manhattan decreased from $1,008/sf in 2015 to $967/sf in 2016 with 11 of 16 retail corridors recording declines, according to The Business of Fashion (citing CBRE data). Across all 16 corridors, average asking rents … Continue reading →