COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

How New Yorkers get to work is changing: bicycle commuting rose 59% from 2014 to 2024, transit remains below 2019 levels, and working from home has reshaped commuting across the five boroughs.

Family formation, housing conditions, and employment are the leading reasons renters moved into their current homes in 2026, with differences between multifamily and single-family rental households.

This week’s Rental Housing Weekly Briefing examines the Arbor–Chandan Fall 2026 State of the Rental Housing Market report, which finds that multifamily fundamentals are strengthening even as elevated Treasury yields and narrow cap-rate spreads continue to pressure valuations, alongside Deloitte’s 2027 Commercial Real Estate Outlook, which shows that cost of capital, capital availability, and elevated interest rates remain the industry’s dominant concerns heading into next yea