National Weekend Edition
UK tax break expiration could hurt struggling retailers
A popular tax break is expiring in the United Kingdom in January, threatening the country’s status as a shopping...
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
National Weekend Edition
Turkish mall valued at $1B in deal with Qatar
Turkish investment giant Dogus Holdings AS has agreed to sell a 30 percent stake in a high-end Istanbul shopping...
Target planning yet another NYC store in Chelsea
Target is opening yet another location in New York City. The big-box retailer has signed a lease at 258...
Two-year Tribeca foreclosure saga continues with lawsuit over $20M
Churchill Real Estate has filed a lawsuit against a company tied to CTW Realty’s Gary Tse in order to...
Adam America secures $63M in financing for Upper West Side project
Adam America Real Estate recently secured two loans totaling $63 million for an Upper West Side development that’s been...
Convene closes Manhattan locations as corporate events fail to return
As Manhattan’s office landlords struggle to get people to return to the workplace, the city’s biggest provider of on-demand,...
NYC carpenters union changes how it roots out mob ties
The city’s largest construction union is taking steps to root out possible ties to organized crime among its members....
National
Real estate deals dominate Opportunity Zones. Is that bad?
Investment in Opportunity Zones is growing at a rapid pace, and so is skepticism about the program — and...
Apple snags more space at Vornado’s 11 Penn Plaza
Apple is betting big on Midtown: The tech giant has inked a deal to expand its offices at Vornado...
National
Tech giants occupy nearly 600M-sf of US real estate
The sluggish commercial real estate market is getting a boost from tech giants Amazon and Facebook, which have emerged...