NYC Real Estate Blog | Metro Manhattan Blog

What does the term Commercial Space mean?

Commercial Space is a generic catchall phrase that defines any real estate property that is not residential. And within the commercial space nomenclature, there’s an endless array of categories that have nothing in common with each other. After all, what […]Read more

Rentable Versus Useable Square Feet

Rentable Versus Useable Square Feet

Unlike most areas of the country, in Manhattan commercial landlords employ the concept of renting “rentable” square feet when they lease a space, be it office space, retail space, medical space, showroom or loft space. To understand this concept more […]Read more

The Tech Explosion and Impact on Chelsea

The Tech Explosion and Impact on Chelsea

Over the last five years, backed by the mega-billion private equity investment industry, “tech” firms have swarmed into what was a relatively quiet and benign district of the city, Chelsea, and to some extent, its immediate neighbor, Flatiron. This section […]Read more

Medical Space… “Where Have You Gone?”

Medical Space… “Where Have You Gone?”

The dynamics of the New York City real estate market provides for an ever-changing landscape. At the retail level, all-time delis and coffee shops have become obsolete as trendy soup and salad bars and upscale bistros and restaurants are ushered […]Read more