Metro Manhattan Commercial Real Estate News & Articles

The past year has been challenging for commercial real estate landlords across the globe. However, in uber-dense business districts such as Manhattan, the situation is even direr. The ultra-luxurious, ultra-pricey borough has taken a big hit during this pandemic, from ...
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The Covid19 pandemic delivered an unexpected blow to the NYC commercial real estate market, with retail and hospitality taking the biggest hit. Lockdowns, social distancing measures, travel restrictions, and new remote work policies have led hotels across the country to ...
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Commercial real estate is probably not an industry where you’d expect to encounter superstition. However, you’d be surprised to know that it plays a big part and has done so for years and years. In some cases, ignoring numbers and ...
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There is a specter haunting New York City, and it’s the coming eviction apocalypse that may be happening after the end of the August 31, 2021 moratorium on residential and commercial evictions. In today’s article, I am going to be ...
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The coronavirus pandemic delivered a massive blow to the New York City commercial real estate market, and the ripple effects continue in 2021. The retail sector bore the brunt of the pandemic; however, the city’s office market was also heavily ...
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The New York City commercial real estate sector is going through a bad patch, and the retail industry, in particular, is having one of its worst years ever. But a recent statewide development might give the commercial sector a much-needed ...
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Governor Andrew Cuomo's ambitious Empire Station Complex redevelopment was met with controversy from the get-go, and now, the project has been put on hold after heavy opposition from the local community. The constant debate surrounding the $1.6 billion master plan ...
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In early January of this year, New York City celebrated Moynihan Train Hall's grand opening in Midtown Manhattan. The Moynihan Train Hall is a 486,000-square-foot expansion of Manhattan's Penn Station, the central intercity railroad station in New York. Penn Station ...
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The U.S. office market took a significant hit during the pandemic, with most companies switching to a fully remote or hybrid workstyle. Manhattan, as one of the densest business districts globally, was heavily affected by this switch, and as a ...
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The coronavirus pandemic came down on New York City commercial real estate like a sledgehammer, and the retail and hospitality sectors took the biggest hit. The city's once-bustling restaurant scene has changed dramatically, with numerous establishments closing their doors, either ...
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The Covid19 pandemic will undoubtedly significantly impact the way we live, work, and play. It has already caused a fundamental change in how we look at and use office spaces, and it's clear that there is no way back to ...
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The Covid19 pandemic has had a massive impact on commercial real estate sectors, from office space and retail to hospitality and multifamily. However, one industry of NYC commercial real estate seems to be thriving, even amid a global pandemic. That ...
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