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Hochul Defeats Zeldin. Here’s What It Means for Real Estate
Kathy Hochul (ideal) and Lee Zeldin (Getty) Gov. Kathy Hochul vowed in June that she would go to bat for the serious estate marketplace — now she’ll have a prospect to prove it. Hochul fended off a challenge from Republican Rep. Lee Zeldin, successful her initially full term as governor, in accordance to the Connected Push. She is the 1st girl to be elected to the posture in New York. Field gamers mostly favored Hochul, who appeared poised for an uncomplicated victory until finally the ultimate weeks of the marketing campaign, when her lead in opinion polls narrowed to single digits. Just after taking above for Gov. Andrew Cuomo, Hochul…
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Inflation Surprise Means More Pressure Ahead For Commercial Real Estate
U.S. inflation stubbornly rose again last month — even as energy costs dropped — all but ensuring that the Federal Reserve Board will raise its benchmark interest rate by 0.75% at its meeting later this month. The Fed has already raised rates by 2% this year, but inflation has yet to come down: The overall consumer price index rose by 8.1% year-over-year in August and by 0.1% over July, the U.S. Bureau of Labor Statistics reported Tuesday. The prospect of further monetary tightening could have more profound effects on the commercial real estate sector than the last round of hikes, experts told Bisnow Tuesday. The Eccles Building, which houses the U.S. Federal Reserve in Washington, D.C.…
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Crossrail: Dad says kids are demanding he gets bathroom redone as Elizabeth line means incredible Tube map on wall is now wrong
A London dad has shared a snap of an incredible Tube map on his bathroom wall using custom-made tiles. Now, after the introduction of the Elizabeth line, which officially opens today (Tuesday, May 24), he says his kids are requesting he change the map in line with the new changes to the railway line. Jonathan Baggs posted a picture of the stunning wall design on social media. He tweeted: “The kids want us to update the bathroom tiling. #ElizabethLine #Crossrail @TfL#tubemap” alongside the snap. The Elizabeth line, known previously as the Crossrail project, will see commuter’s travel times slashed and should decrease congestion. It also may mean Jonathan will have…
