Space on Upper Fifth Avenue, between 49th and 60th streets, garners some of the highest average rents, according to a report by Cushman & Wakefield Plc. The area’s resilience during the pandemic downturn, coupled with the strength of the US dollar...
Mortgage-backed securities usually get hit particularly hard by unexpected changes in interest rates. That sensitivity is known as negative convexity, but it’s all but disappeared for now, because home loan rates have surged and most homeowners...
Even as rent growth slows down compared to earlier in the year, many markets are still seeing strong numbers.
There are many ways to track NYC’s return to the office. None of them are perfect and some are misunderstood.
