NYC Commercial Tenants, In the Driver’s Seat in 2021

NYC Commercial Tenants, In the Driver’s Seat in 2021

Last year, Moody released projections that show the national commercial vacancy rate will reach 19.9$ in 2021 and 20% in 2022, surpassing the 1991 record high of 91.7%. Additionally, CBRE research shows that office use is faring better in car-dependent […]Read more

The History of the Rockefeller Center Christmas Tree

The History of the Rockefeller Center Christmas Tree

The holiday season in New York City is exceptional. The city has many long-standing traditions that delight locals and visitors alike. These include the Macy’s Thanksgiving Day Parade, the Citi Pond at Bryant Park, or the Christmas Spectacular with the […]Read more

What’s in Store for NYC Commercial Real Estate in 2021?

What’s in Store for NYC Commercial Real Estate in 2021?

The new coronavirus has greatly impacted New York City real estate. It’s going to take a long time for the city to bounce back fully. Things might never go back to their pre-pandemic state. But the emergence and approval of […]Read more

Why is NYC Commercial Real Estate So Expensive?

Why is NYC Commercial Real Estate So Expensive?

New York City real estate is notoriously expensive, with Manhattan boasting some of the world’s highest commercial and residential prices. Office rents, retail rents, and housing prices cost more than anywhere else in the U.S. San Francisco and Los Angeles […]Read more

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