All Year eyes sale of William Vale to pay off bonds
Following a disastrous earnings report and a brief market panic, Yoel Goldman’s All Year Management might take drastic measures...
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
Breather bloodbath: Flex-office startup fires 17% of staff
UPDATED, Dec. 5, 2019, 4:52 p.m.: Breather, an on-demand workspace company, fired almost a fifth of its staff Thursday....
The bill that won’t die: Will commercial rent control finally pass?
For decades, city officials have periodically floated the idea of controlling commercial rents. Now, a new bill seeks to...
SoftBank’s $3B payout to WeWork’s investors is delayed
After everything that’s happened at WeWork, shareholders now have a new worry. SoftBank is delaying a $3 billion tender...
WeWork reportedly in talks to hire T-Mobile exec as CEO
After the dramatic ouster of former CEO Adam Neumann, WeWork may have found a new leader. The company is...
Small Talk: Every community meeting. About every development project. Ever.
COMMUNITY LEADER: Hi, everyone. Thank you for attending tonight’s meeting. We promise to run things as poorly and inefficiently...
A win for big building owners in trash-collection fight
When the City Council introduced its controversial bill in the spring to remake the commercial trash-hauling industry, it made...
“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat
Fireside chats — one-on-one discussions between industry players at conferences — are typically genial events. But one such discussion...
Commercial landlords face new fines as City Council passes anti-harassment bill
The New York City Council on Wednesday approved a bill that broadens the definition of commercial tenant harassment and...
As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties
House Speaker Nancy Pelosi on Tuesday announced the beginning of a formal impeachment inquiry of President Trump over his conversation with Ukranian President Volodymyr...
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