Where is Commercial Real Estate Headed?
by Neil A. Dolgin Welcome to 2023 and the questions that are on everyone’s mind: Will we have recession? Will it hit hard? Will there be a soft landing? Economists expect economic growth to slow this year, and we will narrowly avoid a recession. Wherever I turn, however, everyone has their own point of view. … Read more »
New York City Comptroller Brad Lander Releases Annual Report on the State of the City’s Economy and Finances
New York City Comptroller Brad Lander released the annual “State of the City’s Economy and Finances” report. This report provides an analysis of the City’s fiscal health and position ahead of the annual budget process, which begins early in the new year. Despite higher-than-usual uncertainty, major indicators including strong job growth point toward continued economic… Read more »
Goldman Predicting U.S. Will ‘Narrowly’ Escape Recession, Even As Banks Tighten Lending
Goldman Sachs is pegging chances of the United States entering a recession in the next year at 35% and predicts interest rates will hold steady next year. The UK and Europe are already in recession due to the hit to real incomes from surging energy bills, per the investment bank’s research report examining the macro… Read more »
Is the Economy Headed in the Right Direction?
Is the Economy Headed in the Right Direction? by Neil A. Dolgin I’ve always been of the mindset that for any business, an economic downturn is an opportunity for innovation and transformation rather than a barrier to progress. While it’s hard to be certain where we’re headed in today’s economy, there is some good news… Read more »
10 Top CRE Players On Recession Timing And Where The Industry Could Feel It First
Worried about a recession? Is this record-long economic expansion reaching a conclusion? BISNOW recently reached out to some of the industry’s biggest players to ask what assets classes could feel most pain in a slowdown, and how they are preparing for what could lie ahead. BISNOW