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