nyc-real-estate-related-revenue-hit-record-37b-last-year-2, 4677879,

NYC Real-estate-related revenue hit record $37B last year

The real estate industry, and especially the commercial sector, remains the main driver of the New York City economy, according to data to be released on Monday by the Real Estate Board of New York. The trade organization reported that real estate-related tax revenue (RERT) increased to a record high $37 billion in 2024 and is on track to top $50 billion in the next fiscal year. STAY UP TO DATE WITH THE LATEST NEWS BY SUBSCRIBING TO MORNING…

real-estate-is-betting-big-on-data-centers-2, 9280898,

Real estate is betting big on data centers

Artificial intelligence is transforming industries, automating complex tasks, analyzing data faster and helping businesses make smarter decisions. Its impact extends beyond operations — reshaping the very markets where industries set up shop.  As AI-driven infrastructure demands surge, data centers have become some of the most sought-after investments across North America. Related Companies this week announced […]