The new year brought with it the lowest level of unemployment seen in nearly 17 years. Over 200,000 new jobs were added to the market leaving unemployment at an unchanged rate of 4.1%, adding the largest gain in wages since the end of the Great Recession.
New York
Long Island Industrial Property – 2017 Market Review
This last year in Long Island has shown to be a pretty decent year for the Industrial commercial real estate market. With an overall vacancy of 6.9% and over 700,000 sq ft under construction, Long Island,NY proves to be a hot spot for industrial property.