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The vacancy rate in the office market has risen for the third year in a row. Industrial/warehouse space is in short supply.Retail, exclusive of malls, is kind of holding its own, kind of.A trio of CBRE specialists: Lida Eberz, Mike Clark, and Sarah Cashmere-Warren offered their insight:
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Julie Whalen has an interesting way of describing the current office vacancy market both nationally and locally. Whalen calls it a festering case of “dodgeball’.
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Going back to the 1800s, the seamless and open border between the US and Canada has been a key economic linchpin in both the Southern Ontario and the Buffalo-Niagara region. But the proposed 25% tariffs that President Trump wanted to impose on Canadian-made goods bound for the US put a big dent in those relations - even with the 30 days pause now in effect.
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President Donald Trump has given Canada and Mexico a one-month reprieve from punishing tariffs that were to go into effect today (Tuesday, Feb 4th, 2025)
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There was a collective sigh of relief within the region's economic development community late Monday when a 30-day pause on tariffs between the US and Canada was announced.
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Since the 1800s, the flow of goods and services between Canada and the U.S. has been an economic anchor for both countries. But that relationship is at risk by the new 25 percent tariffs President Trump has imposed beginning Feb. 1.
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Nick Sinatra is more than just a developer. Before pivoting into the development world more than a decade ago, Sinatra worked in the White House as a strategist under President George W. Bush. In other words, Sinatra has a unique perspective on how things work in the White House and how policies make their way to Main Street.
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For every dollar a man earns in Erie County, a woman earns 84 cents.
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While some challenges remain, one expert believes there have been many positive economic developments for the Niagara Falls area.A few dozen members of…