Development Boom Strengthens Commercial Real Estate Market

Houlihan Lawrence Commercial | May 07, 2019

Development Boom Strengthens Commercial Real Estate Market
For developers, brokers, landlords, and construction companies, it’s a wonderful time to be in Westchester. And even though rents are edging up, residential and commercial tenants are pleased to benefit from new site options and amenities that make this county the place to be. As our population shifts, our economy booms, and our neighbor to the south grows more expensive by the hour, Westchester enjoys a flourishing commercial real estate market. We looked at the four major segments of that market and found positive stories nearly everywhere.

Spotlight

National Association of REALTORS Chief Economist Lawrence Yun takes a look at the year ahead, discussing the outlook for housing and the economy in 2015.

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REAL ESTATE TECHNOLOGY

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SmartZip is eager to declare that they will join Chainlink's market-driving decentralized prophet network by dispatching their Chainlink hub. The Chainlink hub fills in as secure blockchain middleware that makes existing SmartZip APIs viable across driving blockchain networks. Through this new Chain Link hub, SmartZip can supply their exclusive land information including property costs, rental rates, provincial patterns, and prescient evaluating models to blockchain applications (also known as brilliant agreements). Furthermore, the Chainlink hub cryptographically signs all information communicated on the blockchain, giving clients cryptographic confirmation of the information's respectability as beginning from a SmartZip API. The Chainlink hub not just grows SmartZip's compass as an information supplier by broadening their top-notch datasets into arising blockchain markets, yet arrangements new sorts of land items and markets. 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Spotlight

National Association of REALTORS Chief Economist Lawrence Yun takes a look at the year ahead, discussing the outlook for housing and the economy in 2015.