On November 3, the U.S. experienced a major divide when one of the most contentious elections in history took place between President Donald Trump and President Joe Biden. This is not to get into politics or election outcomes, but rather to focus on how President Biden’s changes will impact how commercial real estate is taxed.
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Real estate
House sales in York, Adams counties soar in 2020
In the midst of a once-a-century worldwide pandemic, home sales in York County set an annual record in 2020, and came close to doing the same in Adams County as well.
Read More »Metropolitan Development Group brings 260-unit luxury apartment complex to East Pennsboro
A complex with 260 luxury apartments is coming to East Pennsboro Township as part of a larger, mixed-use project that will include a commercial section as well.
Read More »Across the Midstate the demand for warehousing and logistics grows
Like the rest of the state and the country, the situation remains dire for the retail, restaurant, hospitality, accommodation, tourism and recreation sectors. Industries that are hiring include healthcare, construction, warehousing, distribution and manufacturing, all of which were having problems finding workers before the pandemic.
Read More »Willow Valley goes big in downtown Lancaster
Willow Valley Communities unveiled plans for a 20-story, mixed-use apartment building in downtown Lancaster.
Read More »Downtown Lebanon business owners welcome city’s purchase of HACC building
Merchants in the business district say the change – a goal of the Grow Lebanon 2020 economic development plan – will strengthen the city’s economy by bringing not just the city’s workers closer, but others as well.
Read More »Low inventory, rising sales for Harrisburg home sales
Harrisburg-area home sales jumped more than 28% in November from the year before, with demand from buyers unabated.
Read More »As construction material prices heat up, housing market could cool down
The cost of construction materials— especially for lumber and other wood products— will remain elevated in 2021 after having more than doubled during the pandemic, a situation that eventually could lead to a slowdown in building activity in central Pennsylvania, several observers said recently.
Read More »Commercial spaces likely to see new requirements for HVAC
COVID-19 has changed life as we know it. The home office became the new workspace, video conferencing replaced in-person meetings, events shifted to virtual delivery, and parents became homeschool teachers while trying to balance career demands.
Read More »Low inventory, low interest rates drive Lancaster County home sales
As a year like no other comes to an end, Lancaster County residential real estate activity remains healthy across the board.
Read More »York-Adams home sales up 30% over 2019
November home sales in York and Adams counties rose almost 30% over last year, as the central Pennsylvania real estate market keeps on sizzling.
Read More »More renters in Harrisburg metro are demanding short-term leases
More renters looking in the Harrisburg metro area are seeking short-term leases. That’s one of the findings of Apartment List’s fourth quarter renter migration report, and it matches what’s happening nationwide.
Read More »New medical construction firm personalizes aging at home renovations
When making medical house calls through Harrisburg-based skilled nursing service, Mike Lawler realized that home-care patients weren’t designing their living environments to fit their future health care needs.
Read More »Jeremy Young- facilitating a thriving Lancaster
Jeremy Young spoke to the journal about Lancaster’s economic development in recent years and how as a result of the pandemic, the city saw what he refers to as “the greatest amount of privately led investment planned and announced in the community’s modern history in a short span of time.”
Read More »Q3 commercial real estate stable in Lancaster County
Lancaster County’s commercial real estate market is stable through the third quarter, with much of it in a holding pattern as businesses try to ride out COVID-19.
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