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Residential construction accounted for 44% of spending in October. (iStock)
National

Housing drives rise in construction spending October

A strong housing market continued to fuel construction spending this fall. Construction spending grew an estimated 1.3 percent in...

Housing drives rise in construction spending October
Foot traffic in Union Square, the Flatiron District and Chelsea is down by 50% from February. (Getty)

Foot traffic remains low in prime Manhattan neighborhoods

Foot traffic in Manhattan’s most visited business districts has dropped off significantly since the pandemic began, putting a strain...

Foot traffic remains low in prime Manhattan neighborhoods
About 25 percent of employees had returned to work as of Nov. 18 (Getty; iStock)
National

Offices remain empty, and big cities are feeling the crunch

Companies’ hopes of bringing workers back to offices have been dashed as confirmed Covid-19 cases spike throughout the U.S....

Offices remain empty, and big cities are feeling the crunch
From left: Rybak Development's Sergey Rybak, 126 East 86th Street, 128 East 125th Street, Maddd Equities' Jorge Madruga (Rybak, Google Maps; Getty)

Manhattan investment sales show vital signs again

After going quiet at the onset of the pandemic, the investment sales market in Manhattan is showing signs of...

Manhattan investment sales show vital signs again

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