Sentences with phrase «low new office construction»

But the higher interest rate will have little impact on office building values, mainly because of dramatically low new office construction over the last seven years, notes John Chang, first vice president of research services for brokerage firm Marcus & Millichap Real Estate Investmen.

Not exact matches

Some of the Awe Sum features of the new building include: LED Lighting, hi - tech Energy Management Systems for HVAC, big open skylights with lots of natural lighting, all Energy Star certified office equipment, occupancy sensors for infrequently used areas, dual - flush low - flow toilets and aerators, DIRTT walls that divert construction materials from landfills and are easily reconfigurable, carpet tiles that are 100 % recyclable, Breathe Walls that produce rich fresh oxygen, and many other wonderful additions.

Construction of new office space in New York City is on track to hit a 25 - year high this year and almost double that built in 2014, reflecting increasing employment and low interest rates, according to a new report by the New York Building Congrenew office space in New York City is on track to hit a 25 - year high this year and almost double that built in 2014, reflecting increasing employment and low interest rates, according to a new report by the New York Building CongreNew York City is on track to hit a 25 - year high this year and almost double that built in 2014, reflecting increasing employment and low interest rates, according to a new report by the New York Building Congrenew report by the New York Building CongreNew York Building Congress.

October 18, 2016 — HELP USA and Buffalo Mayor Byron Brown, today were joined by New York State Homes and Community Renewal (HCR) and the Office of Temporary Disability Assistance (OTDA), and partners to announce construction of 47 units of affordable housing for low income families and formerly homeless veterans in Buffalo.

The city has added 38 million square feet of new office space in the past 16 years through new construction and the redevelopment of lower Manhattan, the report said, after losing 13 million square feet on 9/11.

«Secondary office markets are experiencing higher levels of investment for just this reason, somewhat greater volatility priced by higher yields, and the ability to accommodate fast - growing companies with a volume of new construction, at costs much lower than that available in the primary downtowns,» according to the Aegon report.

«Continued, moderate job growth, combined with low levels of new construction, suggests the office market has room to tighten further in the second half of the year,» he says.

One broker - owner of a major franchise office who took part in the survey said there are three reasons for his tempered enthusiasm heading into 2017: «Low inventory, slow development, and a lack of new home construction.»

This new, modern and efficient office building will be a «one - stop shop» for their department of public works, planning department and department of building inspection, and be constructed at a far lower cost than would have been realistic had it pursued ground up construction.