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

From left: Jay Suites' Juda Srour and 104 West 40th Street; Convene's Phoenix Porcelli and 101 Park Avenue (LoopNet, LinkedIn/Phoenix Porcelli, 101Park.com)

Back-to-meetings spurs demand for flex space

The company conference may survive the age of remote work, after all. Flex landlords who run short-term conference and...

Back-to-meetings spurs demand for flex space
Related Companies founder Stephen Ross and 33 Hudson Yards (Getty Images, LoopNet)

Related eyeing sale of Equinox Hotel

Related Companies is ready to cut bait with the Equinox Hotel, only three years after opening. Stephen Ross’ firm has started work with an adviser to solicit interest for the property at 33 Hudson...

Related eyeing sale of Equinox Hotel
Hoboken City Council's Michael Russo with 308 Willow Avenue (Google Maps, Hoboken, Getty)
Tri-State

Hoboken hospital eyed for eminent domain

An uncertain future for the Hoboken University Medical Center has the city considering the possibility of buying it through eminent domain. The City Council passed an emergency resolution to award a contract for the...

Hoboken hospital eyed for eminent domain
Arlington Village at 3100-3124 Atlantic Avenue in East New York, Brooklyn (Google Maps, Getty)
News Analysis

Developing in downtrodden areas gets dicey

It was a striking reaction, tucked into the middle of a City Limits story about a plan for a forlorn section of Brooklyn. Jessica Franco, fighting a 210-unit development to replace her aging, low-slung...

Developing in downtrodden areas gets dicey

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