The commercial real estate market in New York City moves at the same pace as New Yorkers—VERY FAST! This is the largest commercial real estate market in the country with hundreds of properties changing hands every day. Offers get submitted, leases and sale contracts get issued and deals are consummated. In a complex market that’s moving at this speed, it’s impossible to maintain a high level of accuracy in online databases…. But the plot thickens. Remember, this is New York… Enter online databases… Sorry, they’re not available to YOU! Just as the world of the residential real estate has Multiple Listing Services (MLS), so does the commercial real estate market.  These commercial property databases provide realtors with up-to-date information on… Continue reading

Posted in Brokers & Other Real Estate ProfessionalsCommercial Leasing 101Manhattan Office Space.