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

250th Issue

The Real Deal celebrates 250 issues

It may be hard for some to imagine now, but there was a time when Columbus Circle was gritty, Williamsburg was more Hasidic than hipster and west of 10th Avenue was a no-man’s-land. Over...

The Real Deal celebrates 250 issues
From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Publisher Amir Korangy started The Real Deal out of his Brooklyn apartment nearly two decades ago, shortly before he...

TRD’s founders share war stories from over the years
Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

The city’s oldest bar won’t be running dry after all. Neir’s Tavern in Woodside, which was facing closure this...

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline
Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

The oldest bar in the city is the latest to close its doors after a rent hike. Neir’s Tavern...

Landlord to bar owner: You don’t have to go home but you can’t stay here
729 Seventh Avenue (Credit: Google Maps)

Lawyer argued façade was safe 3 months before fatal accident

Three months before architect Erica Tishman was struck and killed by a chunk of debris from a midtown building,...

Lawyer argued façade was safe 3 months before fatal accident
Bill Ackman, LeBron James, and Arnold Schwarzenegger with 787 11th Avenue (Credit: Google Maps and Getty Images)

Celebrity property group caught in $11M construction dispute

A Manhattan building that counts LeBron James and Arnold Schwarzenegger among its investors is now the subject of a...

Celebrity property group caught in $11M construction dispute
Renderings of The William Vale and Denizen Bushwick (Credit: iStock)

All Year’s rating outlook turns negative as bondholders reject two amendments

All Year Management may face more trouble on the horizon as the outlook for its two unsecured bond series,...

All Year’s rating outlook turns negative as bondholders reject two amendments
RXR CEO Scott Rechler and an aerial view of the site (Credit: Getty Images, Google Maps)

RXR plans 21-story LIC office building with manufacturing incentives

RXR Realty is bringing a new mixed-use office tower to Long Island City, which is set to be the...

RXR plans 21-story LIC office building with manufacturing incentives
Epic Commercial Realty's Ido Tzaidi and Sasi Elya (Credit: Epic-CR)

Epic Commercial Realty lays off brokers; firm’s future in question

Epic Commercial Realty — the middle-market brokerage that has gone through several management reboots in recent years — has...

Epic Commercial Realty lays off brokers; firm’s future in question
New York Life building gets $410M refi

New York Life building gets $410M refi

The owners of the New York Life building at 28 East 28th Street just got a massive $410 million refinancing package. Wells Fargo provided the loan to the owners of the building, which is...

New York Life building gets $410M refi
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