Summary: It was recently reported that the vacancy rate for class A office space in Pittsburgh’s central business district (CBD) hit a 10-year high.  But just a few years ago that rate was one of the lowest among major U.S. … Continue reading →

This week Allegheny County Council will consider an ordinance that could add a $15 fee to mortgage and deed recordings to fund demolition of blighted property.  Act 152 of 2016 permits counties to enact a fee of up to $15 … Continue reading →

As the Allegheny Institute already has, the Post-Gazette is noting how “the COVID-19 pandemic could bring big changes to the (Pittsburgh) commercial real estate market.” But even the P-G’s narrative could be a gross under-assessment. For the changes could prove … Continue reading →