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Housing Market Pushes Buyers to Rentals, Intensifying Demand. Demand in the rental market has gone a full 180 from last year as Americans return to cities as the economy improves and priced-out homebuyers search for apartment and single-family rentals. Today, the national housing shortage sits at more than 4 million homes,” he said.
Regardless, some of the moves are likely to be permanent as evidenced by the number of renters giving up their apartment leases. Zillow data indicates that the national rental market has been disproportionately impacted in major urban centers, implying that renters are swapping one lease for another somewhere else.
cities, rents are rebounding and even surpassing pre-pandemic rates after plummeting in the early months of 2020. Some NewYork renters who signed their leases at the start of the pandemic reported 30% to 40% price increases at the end of 2021, but not all rental markets are making equally strong recoveries, The NewYork Times reports.
SJP Properties was represented in-house by Senior Vice President Peter Bronsnick. Pearson Education occupies 200,000 square feet to serve as the lead tenant of Waterfront Corporate Center III, which also houses collaborative workspace provider Regus. Jet launched in July 2015, bringing a significant number of jobs to Hoboken.
Valeant is in the process of determining where in New Jersey to locate the company’s combined U.S. One NJ option is a leased facility in Bridgewater; 274 jobs would remain in the state and 550 jobs would be created. NJEDA approved a significant Grow NJ award of up to $39.5 headquarters.
Furthermore, the amount of security necessary to run a successful data center is enormous due to the highly sensitive information and pricey equipment housed in such storage units. The data center in Berkeley County currently houses thousands of servers to support services such as Google search, Gmail, Google+ and YouTube.
In NewYorkCity, Long Island and Westchester County, businesses must be start-ups or high-tech companies. The facility houses three dozen industrial robots and features an automated welding lab and an automated manufacturing line that operates to the strains of “Sweet Home Alabama.”. The company will invest $2.28
The semiconductor industry has been a key driver to the revitalization of upstate NewYork’s “Tech Valley”—a 19-county region of eastern NewYork State that spans from just south of Montreal to just north of NewYorkCity. In September 2011, Gov. Cuomo announced the consortium, a $4.8
The Rochester Opera House has been enjoying a renaissance, with 2015-2016 being its most successful season since it reopened in the 1990s. Downtown occupancy and residency is up dramatically, with 64 new dwelling units and a 5 percent drop in ground floor vacancy this past year alone. economy and 2/3 of the Canadian economy.
Situated in Upstate NewYork, Oswego County is located centrally to NewYorkCity, Boston, Washington, D.C., In addition there is some of the finest executive housing available at very reasonable costs. and NewYorkCity. OSWEGO COUNTY: ACCESS WITH PROXIMITY AND CONVENIENCE.
The classic New England downtown, anchored by a historic 1905 Opera House, is juxtaposed with the nationally recognized advanced technology centers at the middle and high school levels and an elementary magnet school delivering bi-lingual education, providing a global world-view to the youngest citizens. This facility houses 1.5
Google's reception area in Bakery Square in the Steel City. tech hubs, Silicon Valley, Boston, NewYorkCity and other areas certainly come to mind. However, technology companies are realizing that to be truly global, they need to tap innovation at more locations and in new high-growth markets.
So meeting the need for massive quantities of premium-quality flat-rolled sheet—used for body panels—and lightweight parts such as diecast housings, pulleys and brackets, as well as extruded mechanical, structural and trim pieces—requires more high-tech machinery and operators with leading-edge knowledge. The firm will spend $6.7
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