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

Oceanwide’s US business is sinking. Can it right the ship?
National Issue

Oceanwide’s US business is sinking. Can it right the ship?

In 2014, Oceanwide Holdings announced plans to build a 2.4 million-square-foot megaproject in San Francisco. The twin-tower development would...

Oceanwide’s US business is sinking. Can it right the ship?
Demir Sabanci and 41-47 West 57th Street (Sedesco, Google Maps)

Sedesco seeks rezoning for new Billionaires’ Row skyscraper

Apparently 400,000 square feet on Billionaires’ Row isn’t quite enough space for one builder’s ambitious vision. Turkish developer Sedesco...

Sedesco seeks rezoning for new Billionaires’ Row skyscraper
From left: Alvin Dworman, 155 East 55th Street, 65 West 55th Street, and 210 East 58th Street (Getty, Google Maps)

Alvin Dworman Sells 3 Manhattan Buildings for $65M

Two years after three Manhattan rental buildings were put up for sale to settle a dispute in arbitration, they...

Alvin Dworman Sells 3 Manhattan Buildings for $65M
The Closing: Janice Mac Avoy
National Issue

The Closing: Janice Mac Avoy

When real estate’s wealthiest and most powerful have it all on the line, they call Janice Mac Avoy. Take the $5.45 billion sale of Stuyvesant Town. When bondholders sued to block the transaction, Mac...

The Closing: Janice Mac Avoy
Washington Prime Group CEO Lou Conforti (Twitter)
National

Washington Prime Group files for Chapter 11 bankruptcy

In November, with mall owners getting crushed, Washington Prime Group CEO Lou Conforti said that bankruptcy was off the...

Washington Prime Group files for Chapter 11 bankruptcy
Renderings of Greenpoint Landing in Greenpoint, 141 Willoughby Street in Downtown Brooklyn and 45-57 Davis Street in Long Island City (Photos via OMA, SLCE Architects and J Frankl Architects)

These were the top outer-borough loans in May

Dollar volume for the 10 largest outer-borough commercial real estate loans in May was $1.6 billion, almost double that...

These were the top outer-borough loans in May

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