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Orange County Partnership - News

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Silver Linings

By Maureen Halahan We’ve provided significant information over the past few months about the industries that have been hardest hit by the coronavirus pandemic and the uncertain times the county f ...

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Office Market Recovery Will be Slow; Improvement Not Expected Until 2022

Global commercial real estate brokerage and services firm Cushman & Wakefield issued a report on the impact of COVID-19 on the U.S. and global office markets on Sept. 23 and its findings spell out ...

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Hudson Valley County Executives Urge President, Congress to Provide $12B to Prevent MTA Cuts

GOSHEN—One of the more frightening impacts of the coronavirus pandemic could be the loss of train commutation services in Orange and Rockland counties. The Metropolitan Transportation Authority i ...

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Facing Massive COVID-Induced Shortfalls, Municipalities Can Seize Opportunity to Thrive Post Pandemic

By John Jordan The Alliance for Balanced Growth and the Orange County Partnership staged an informative and well-attended webinar on Sept. 24 that covered the significant economic impacts of the ...

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Not all Industries will be Hurt by Pandemic

Recently, commercial brokerage firm Colliers International studied the economy that is being severely impacted by COVID-19, but rather than review the plethora of sectors that will suffer hardship due ...

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Energy Cost and Diversity are Critical for Region's Future Growth

Energy is a critical component of any business operation. According to the National Association of Manufacturers, the US manufacturing sector consumes one-third of all energy in the country.  ...

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COVID Pandemic Causes Drastic Decline in Foreign Investment in U.S. Real Estate

Commercial brokerage firm CBRE released a report on Aug. 27 on the levels of U.S. Inbound & Outbound Investment Trends for the first half of 2020 that clearly showed the deep impact the worldwide ...

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Commercial Lending Volume Declines Due to COVID; Multifamily and Industrial Sectors are Bright Spots

Several recently released reports on the state of commercial lending indicate a steep drop in 2020 thus far, due in large part to the temporary freeze in deals during the early days of COVID-19. Lendi ...

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U.S. Data Center Market Showing Resiliency and Investor Interest Despite Pandemic

Commercial brokerage firm CBRE issued a report on Aug. 27 that detailed the strength and resiliency of the U.S. Data Center market, which has been bolstered by the need for business continuity as well ...

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Report: COVID-19 is an ‘Accelerator’ for Logistics RE and Cold Storage Growth

The global coronavirus pandemic has accelerated demand for infill logistics space and cold storage facilities, according to a recent report by Elion Partners, a Miami-based real estate investment and ...

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COVID-19 Impacts Will Be Felt for Years

Recently, Kevin Thorpe, chief economist with commercial brokerage firm Cushman & Wakefield, offered his thoughts and insights on the impacts of the coronavirus on the U.S. and world economies and ...

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Searching for Solutions for a Sick Economy

One of the joys of my job is to provide meaningful information to our members that result in opportunity, savings and/or profit. During these challenging times when the pandemic has created monumental ...

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Guest Column - A New Regionalized MLS for a New Way of Doing Business

By Richard Haggerty The New York metropolitan area, comprising the Hudson Valley, is one of the leading real estate markets in the world. Yet, for Realtors, doing business here has historically i ...

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Supply Not Meeting Rising Demand for Burgeoning Build-to-Rent Single-Family Home Market

Residential Realtors are telling the Orange County Partnership that the sales market is very busy since restrictions were lifted on the in-person showing of homes on June 9. While agents marvel over t ...

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Orange County Extends Bidding for Camp LaGuardia; Marketing Property to Firms Looking to ‘Escape’ NYC

By John Jordan GOSHEN—In an attempt to take advantage of real estate and business market trends in response to the coronavirus pandemic, Orange County has decided to market more than 250 acres of ...

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Industrial Retailers, Developers Should Take a Page from Amazon’s Playbook

E-commerce giant Amazon, which is investing heavily in New York State and in Orange County, is increasing its national footprint in the midst of a global pandemic. The firm is building a 1-millio ...

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Home Building on the Rebound, But Addressing Labor Shortage is Key to Affordability

A staple of the national and local economies is the home building industry. Like many other sections of the country, multi-family rental housing development is outpacing single-family home projects as ...

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Global Survey Reveals Remote Work is Here to Stay

A global survey of office property companies worldwide finds that the office experience will be very different post pandemic. Global property technology firm Equiem surveyed some 175,000 occupier ...

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Green Energy Initiatives That Pay $$$$

It is rare indeed that a business can actually get paid to institute policies that promote the public welfare. However, there are two environmental initiatives that Orange County businesses can advanc ...

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Globalization Not Dead, Just Evolving

World trade or globalization was facing challenges prior to the pandemic with trade wars being waged between the U.S. and China, Mexico, Canada and Europe. Then came the coronavirus pandemic this spri ...

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OCP Promotional Video

The Orange County Partnership teamed up with County Executive Steve Neuhaus and Capacity Marketing to produce and promote a cheeky video tour of the construction activity in Orange County. Check it ou ...

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2020 Orange County Partnership Virtual Investor Breakfast

On July 22, 2020, the Orange County Partnership held our first-ever Virtual Investor Breakfast.You can view the webinar in its entirety by following the link below:OCP Virtual Investor BreakfastUse Pa ...

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Global Site Selector Tells OC Partnership to ‘Keep Calm and Embrace the Chaos’

By John Jordan While most economic news of late in this time of the coronavirus is usually described as “bleak” or “grim,” an international site selector speaking to a virtual meeting of the Oran ...

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Pandemic Will Fuel Explosive Growth in Industrial Sector

Commercial brokerage firm JLL has issued a report that predicts that the COVID-19 pandemic will dramatically increase demand for industrial space, particularly from e-commerce companies that are tryin ...

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Property Owners Should Communicate with Tenants to Help Mitigate COVID Liability

Commercial real estate property owners must communicate with their tenants by providing as much information as possible about the safeguards put in place in response to the coronavirus pandemic and if ...

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