10 Must Reads for the CRE Industry Today
October 4, 2019 | National Real Estate Investor
- Meeting-Space Companies See Big Money in Manhattan “A British company that builds and rents out meeting space in office properties is expanding in New York City, challenging hotels and other operators for a slice of the city’s more than $10 billion annual conference business.” (Wall Street Journal, subscription required)
- Another Fed Rate Cut Is Expected After Weak Economic Data “Top Federal Reserve officials have said they are open-minded about whether additional interest rate cuts will be necessary in 2019, but recent economic data are putting that equanimity to the test.” (The New York Times)
- Coworking Has Boomed in Houston, But the Model May Need Tweaking “Coworking spaces and other flexible work environments where tenants can rent desks or offices by the month occupy more than 1.4 million square feet in buildings throughout the Houston area, three times as much as they did in 2010, new data show.” (Houston Chronicle)