Metro Manhattan Commercial Real Estate News & Articles

Professional sports are a billion-dollar business in the U.S., and American cities are inextricably tied to their home teams. Think of the Chicago Bulls, the L.A. Lakers, or the New England Patriots; these teams and their related events tend to ...
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As vaccination efforts continue across the country and life slowly starts to go back to normal, the New York City commercial real estate market is still recovering. This recovery, according to experts, will be slow, much slower than other economic ...
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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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Lockdowns, social distancing measures, travel restrictions, and new remote work policies have led hotels across the country to close their doors in 2020. Now, as cities are starting to reopen gradually and businesses start welcoming workers back into the office, ...
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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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As more and more companies embraced remote or hybrid work models in the past year, offices throughout NYC were left eerily vacant. Some office tenants chose to reduce their office footprint or end their leases, which left commercial landlords in ...
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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 city's once-bustling restaurant scene has changed dramatically in the past year, with numerous establishments closing their doors, either temporarily or permanently. This phenomenon has led to many of NYC's buzzing streets empty and landlords struggling to fill vacant ground-floor ...
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