Metro Manhattan Commercial Real Estate News & Articles
Client Case Study: Wall Street Alliance Group Relocates to Nelson Tower
Wall Street Alliance Group, a provider of wealth management for healthcare professionals, relocated to The Nelson Tower (450 Seventh Avenue) in partnership with Metro Manhattan Office Space. They previously occupied 75 Maiden Lane and sought a more convenient location for ...
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Commercial Real Estate’s Age of Uncertainty: Assessing the Fed’s Latest Warning
The Federal Reserve, aka “The Fed," is the United States’ central banking authority. While it’s best known for determining interest rates and overseeing monetary policy, another responsibility it holds is maintaining the financial system's stability. So when it sees commercial ...
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How and Where to Find Bargain Office Spaces in NYC
It doesn't matter if you're a startup or an established hedge fund or law firm. Real estate costs will always be on your mind as the second highest business costs behind labor. So, it's understandable if you're curious about how ...
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How PropTech Is Transforming the Commercial Real Estate Industry
The commercial real estate industry underwent a paradigm shift long before the COVID-19 pandemic. PropTech was already becoming more integrated into the commercial real estate industry. However, COVID only increased its importance for commercial landlords and tenants. Nowadays, in 2023, ...
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Who Wins? Long Standing Local Businesses or NYC Commercial Real Estate Landlords
For centuries, NYC commercial real estate was never the main conversation starter. New York City symbolized opportunity, the start of a better life, and a chance to achieve dreams. Anything was possible through hard work and determination. When many immigrants ...
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How Loss Factor Impacts Commercial Space
You make an appointment to see a New York City commercial space that, judging from some online photos, is ideal for your business. It’s got a great location, reasonable rent, and just enough square footage. However, when you get there, ...
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The Best 5 New York City Neighborhoods for Architecture and Design Firms
New York City is a hub for architecture and design firms. With unique and diverse architecture, creative culture, iconic landmarks, and a thriving arts scene, New York City attracts top talent worldwide and offers endless inspiration. Plus, with a population ...
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Who Pays for An Office Build-Out? You or the Landlord?
Whether an established business or a start-up, your new office build-out constructed to your exact specifications is critical. However, among other costs to consider, how much of these build-out costs will your landlord cover? The answer is the more they ...
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Your Guide to Finding the Perfect Medical Office Space in New York City
Commercial real estate markets throughout the country have undeniable headwinds. However, one submarket that's remained remarkably resilient is the market for medical office space in NYC. Landlords find it appealing because it is a commercial real estate sector that's incredibly ...
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What Happens If Your Landlord Defaults in 2023?
Never say never to the risk of your landlord going bankrupt. Lost in the talk about Fed policy, rising rates, inflation, recession probabilities, and geopolitics is something much more consequential for New York City commercial tenants. The risk of landlord ...
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Commercial Liability Insurance Protects Tenants and Landlords
Commercial leases in New York City are notoriously long, complex documents. They come with many different clauses and terms, such as holdover clauses, sublease and assignment clauses, rent escalations, and more. As a commercial tenant, you should familiarize yourself with ...
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Will ChatGPT and A.I. Shake Up Commercial Real Estate?
Commercial real estate markets experience boom and bust cycles and confront an always-changing world. Businesses always prioritize cutting costs and increasing profits; innovation trends and cutting-edge technologies drive these objectives. Recently, there has been considerable press coverage around ChatGPT, the ...
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