Weekend Wrap-Up: The Fallout From the Fed Move, Return to Office Picks Up, Brooklyn's Flight to Quality, and More

    [Fed Pauses Interest Rates With No Signal Yet of When Cuts Might Begin]( [The Federal Reserve kept rates steady for a fourth straight meeting Wednesday, spurring further relief — and speculation — in the commercial real estate industry.](   [NYC Office Demand and Visitations Saw Steady Rise in December]( [The New York City office market started showing signs of life as building visitations are up and demand is on a steady sixth-month increase.](   [Brooklyn’s Office Market Awaits Its Own Flight to Quality]( [The borough's newer projects have the advantage of modernness, but they confront some of the same challenges as older offices.](   [Manhattan’s Sixth Avenue Bucks Office Trends With Brisk Leasing]( [It’s the comeback story the market needed — a tale all the more gripping given that the corridor was struggling even before the pandemic.](   [NYC Sees Spike in Energy Firms Leasing in 2023: Report]( [New York's push to transition its electric grid to renewable energy sources has helped drive an increase in energy company leasing in Manhattan.](   [BXP Beats Q4 Earning Estimates, Boosts NYC Leasing]( [BXP slightly exceeded analysts’ expectations in its fourth-quarter earnings aided by a boost in New York City leases.](   [Equity Residential: Hooray for Higher Mortgage Rates]( [Multifamily giant envisions a strong 2024 due to borrowing costs in the for-sale market and quality-of-life improvements in major cities.](   [Top U.S. Lab REIT Unloaded $1.3B in 2023 While Portfolio Lost $460M in Value]( [ARE shed more than $1.3 billion in non-core assets in 2023 as part of a larger plan to grow its life sciences campus portfolio.](   [BH3 Management Plans First Condo in Clearwater]( [Sales are slated to commence this year, and vertical construction is set to follow in 2025.](   [Hudson Companies’ David Kramer Goes Big in Brooklyn And Beyond]( [Hudson Companies' David Kramer talks the 975 Nostrand Avenue development, building homeless shetlers and REBNY's new chair.](   [View in Browser]( | [Advertise]( | [Forward to a Friend]( [Manage your email preferences or unsubscribe]( [Share your thoughts: Help us improve with our quick feedback survey!]( [Commercial Observer]( © Copyright 2024 [Observer Media]( 1 Whitehall Street, Floor 7, New York, NY 10004 This newsletter was published 02/03/2024