Amazon, Google Expansions Highlight Increasing Tech Presence, Driving Apartment Demand in Boroughs Announcements by tech giants set stage for next phase of growth in New York City. Following the recent announcements by Google and Amazon to undertake vast expansions of their office foot-print and workforce, the New York City metro has set the stage for robust growth stemming from the tech sector. While Google will be expanding in Lower Manhattan, Amazon has opted for Long Island… Read More

Fox Business’s Maria Bartiromo asks Marcus & Millichap’s CEO, Hessam Nadji, how the U.S. government shutdown impacts the commercial real estate industry and outlook for real estate

Opportunity Zones, areas in each state where Qualified Opportunity Funds can invest gains from other investments into real estate and businesses to defer and reduce capital gains taxes, were introduced as part of the Tax Cuts and Jobs Act in December 2017.

Fox Business Interview with Marcus & Millichap’s Hessam Nadji

CNBC Interview with Marcus & Millichap’s Hessam Nadji

Persistent job growth and broad employment base support robust apartment demand. Fueled by the largest population base in the county, the NYC economy remains on solid footing. A host of industries, including a vibrant startup scene, have generated consistent job growth, boosting demand for apartments. As supply increases reached a cycle high in 20176, rent growth slowed as developers utilized incentives to fill new proprieties,s particularly along the East River in Brooklyn and Queens. The… Read More

Fox Business’s Maria Bartiromo and Panel Feature Marcus & Millichap CEO Hessam Nadji: The Fed and Real Estate Market | Conditions and Outlook