Commercial Real Estate

Commercial Real Estate

Commercial real estate is any property used for a profit-making, non-residential purpose.

Commercial Real Estate Q&A

What qualifies as commercial real estate?
Any for-profit, non-residential property can be considered commercial real estate. In some states, residential property with more than a certain number of units may also be considered commercial property for borrowing and tax purposes.
What is the commercial real estate industry?
The commercial real estate industry encompasses the buying, selling, leasing, financing, development and construction of commercial spaces. The top ten property owners in New York City alone hold over 546 million square feet of property and operate with an aggregate sum of $8.1 billion, according to TRD's 2019 Data Book.
Who buys and sells commercial real estate?
TRD calculates the top NYC commercial brokerages by sales annually. While individuals, groups, and small companies can buy and sell commercial real estate, brokerage firms account for many of the deals happening within the commercial real estate industry. According to TRD's ranking, 2018's top brokerages by dollar-volume sales were Cushman & Wakefield, CBRE, Eastdil Secured, HFF, and Rosewood Realty Group.
Want to know more about commercial real estate?
Check out our Top Stories below for TRD's most up-to-date coverage of commercial real estate.

The Latest

(Photo Illustration by The Real Deal with Getty Images)

Office occupancy stalls after Labor Day push

For the second straight year, Labor Day was cast as a flashpoint for post-pandemic office life. And for the...

Office occupancy stalls after Labor Day push
From left: Arch Companies' Jeff Simpson and Hello Living's Eli Karp along with a rendering of 1580 Nostrand Avenue (Getty Images, Arch Companies, Hello Living)

Eli Karp’s Hello Living says goodbye to Flatbush project

Eli Karp’s Flatbush apartment project just said hello to a new owner. The property’s mezzanine lender, Jeff Simpson’s Arch...

Eli Karp’s Hello Living says goodbye to Flatbush project
A photo illustration of Daniel Brodsky and 75 West End Avenue (Getty Images, Google Maps)

Brodsky brings challenge to NYC Airbnb law

The Brodsky Organization appears to be tired of being held accountable for the sins of its tenants. The landlord filed an Article 78 case against the city and its enforcement of the short-term rental...

Brodsky brings challenge to NYC Airbnb law
(Illustration by The Real Deal with Getty)

How illegal Airbnbs slip through the cracks

In a three-story brick building in Queens, a couple was forced to move out of their one-bedroom rental in August because of an illegal Airbnb scheme. But they weren’t the ringleaders. They were the...

How illegal Airbnbs slip through the cracks
FSA Capital’s Benjamin Clyburn and 133-09 37th Avenue in Flushing (Google Maps, Breaking Ground, Getty)

Brian Pun’s FSA Capital plans 173K sf project in Flushing

Another massive residential project is in the works for Flushing. An entity connected to Brian Pun’s FSA Capital filed...

Brian Pun’s FSA Capital plans 173K sf project in Flushing
Brookfield Properties’ Brian Kingston with Two Manhattan West (Brookfield Properties, Getty)

Hedge fund finds 283K sf at Two Manhattan West

UPDATED, Sept. 27, 2022, 12:45 p.m.: Two Manhattan West remains a busy spot in Manhattan’s uncertain office market. Brookfield...

Hedge fund finds 283K sf at Two Manhattan West

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