News & Articles

Real Estate Market Reports

NYC skyline with the Spiral; epitome of modern commercial real estate battleground.

Building for Tomorrow: New York City’s New Constructions and its Competitive Edge

Picture New York City as the backdrop of an epic battle, not with swords and shields, but with skyscrapers and subway maps—a modern-day arena where giants play a game of kings.

Sunny skyline view of Hudson Yards, symbolizing the 2024 NYC commercial real estate resurgence.

Making Sense of the Future: The 2024 Commercial Real Estate Outlook

2024 is here, and the commercial real estate scene sees renewed activity and potential shifts, especially after the pandemic era’s rollercoaster ride.

Real Estate Market Reports

Behind the Numbers: NYC’s 2023 Commercial Property Taxes Versus 2020

A silent tug-of-war occurs in the beating heart of global commerce – New York City.

Bustling Queens subway and iconic Manhattan skyline.

Real Estate Market Reports

The Best — And Worst — Commute Times in New York City

Known to many as the city that never sleeps, New York City is notoriously one of the busiest, loudest, and most trafficked urban centers in the world.

Store Closure Sign in NYC: Impact of Recession on Commercial Real Estate

Real Estate Market Reports

A Recession’s Impact on NYC Commercial Real Estate

No matter how anyone tries to spin it, we are already in a recession.

Real Estate Market Reports

Commercial Real Estate Prospects for 2022

2021 has been another challenging year for New Yorkers and everyone else in the world, for that matter.

NYC skyline symbolizes $28.6B decline in commercial real estate value.

Real Estate Market Reports

NYC Offices Lost $28.6 Billion in Value. What Does That Mean for NYC & Its Commercial Tenants?

For the first time since 2000, the market value of New York City commercial real estate has declined.

Sweeping sunset view of Hudson Yards and Lower Manhattan, NYC's premium office market.

Real Estate Market Reports

Office Space Availability in Manhattan Hits Highest Number on Record in Q1 2021

The U.S.

Soho's ornate Cast Iron facades, defining charm in NYC's commercial district.

Real Estate Market Reports

These Were the 20 Biggest Office Deals to Close in NYC Since the Start of the Pandemic

The New York City commercial real estate market took quite a hit in 2020.

Iconic Midtown NYC skyline view from Hudson River, commercial real estate shifts.

Real Estate Market Reports

The Top 20 NYC Office Deals of H1 2020 – Amazon Bets $978M on Manhattan

Over the past few months, New York City commercial real estate has gone through a whirlwind of changes, some of them permanent.

Closed NYC restaurant during the COVID-19 lockdown, reflecting retail market challenges.

Real Estate Market Reports

Report: Retail Sales Activity Drops 78% During NYC Lockdown

The New York City retail market took a hard hit as the pandemic spread across the city.

NYC skyline featuring Empire State and Chrysler Buildings, commercial real estate hub.

Real Estate Market Reports

Report: New York City Office Sales Drop 58% During Lockdown

Office towers in the New York City commercial real estate market sell at exorbitant price tags, and investors from around the world are willing to shell out hundreds of millions – and sometimes even billions – to own trophy office space in the city.

NYC skyscrapers under construction, reflecting dynamic real estate.

Real Estate Market Reports

2,000 Non-Essential Construction Complaints Filed With 311 During NYC Lockdown

New York City, the city that never sleeps, is also the city that never stops building.

Aggressive car driver in NYC, illustrating traffic changes.

Real Estate Market Reports

The Number of Traffic Complaints in NYC Dropped 50% in the First 3 Months of 2020

NYC Traffic Complaints Drop 37% Compared to Q1 2019 and 49% Compared to Q4 2019 Traffic in New York City tends to fluctuate throughout the year.

Vibrant Times Square, commercial heart of NYC with bustling traffic.

Real Estate Market Reports

Looking For a New Office for Your Business? These Are the Noisiest NYC Neighborhoods to Work In

New York City is one of the busiest urban centers in the world.

Aerial view of Central Park, a serene contrast to discussions on taxes in NYC office markets.

Real Estate Market Reports

These Are the 50 Top Tax-Paying Office Buildings in New York City

Property taxes in the U.S.

Aerial view of Lower Manhattan at sunset, amid NYC's booming commercial real estate development.

Real Estate Market Reports

Hudson Square Added More Office Space From 2010 to 2020 Than Any Other Manhattan Submarket

Office development in New York City is more intense than ever, fueled by steady job growth in the metro and a constant influx of tech businesses leasing and expanding office space in NYC.

Lower Manhattan skyline from New Jersey at dusk, reflecting NYC commercial real estate trends.

Real Estate Market Reports

These Were the Biggest NYC Office Sales of the Past Decade, in Each Borough

We recently looked at a decade’s worth of New York City office sales, zooming in on each borough to see the evolution of the market from 2010 through 2019.