Update: Amazon Scraps Plans for New York City Headquarters Hub, Citing Political Opposition Online Giant Says It Will Stick With Developments in Arlington, Virginia, and Nashville, Tennessee BY DIANA BELL (via CoStar) New York City’s Long Island City neighborhood, above, where Amazon plans a major staffing hub. Photo: Jayson Photography (Updated Feb. 14 to add reaction from officials […]
Investment Returns for Net Leases End Year on Flat Note
Investment Returns for Net Leases End Year on Flat Note But Fast Food and Pharmacies Remain Good Bets BY RICHARD LAWSON (via CoStar) Net lease properties like those housing Chick-fil-A stores can be attractive to small investors. Photo: CoStar Owning a building housing a fast food restaurant or a pharmacy got a little pricier last year. But all […]
Facebook Teams With Foundations To Launch $500 Million Affordable Housing Initiative
Facebook Teams With Foundations To Launch $500 Million Affordable Housing Initiative Organizers Seek to Address Rising Rents That Have Priced Out Many Across Silicon Valley BY MOLLY ARMBRISTER (via CoStar) Businesses and foundations are seeking to create a $500 million fund to address housing issues in Silicon Valley and California’s Bay Area. Photo: CoStar A nonprofit organization backed […]