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

Valley National CEO Ira Robbins and Bank Leumi USA CEO Avner Mendelson (Getty, Valley National, Bank Leumi)
National

Valley National acquiring Bank Leumi USA for $1.1B

Valley National Bank is making its second major acquisition in the last three months, this time agreeing to acquire...

Valley National acquiring Bank Leumi USA for $1.1B
Longfellow Real Estate Partners CEO Adam Sichol with renderings of 310 East 67th Street (Friends UES, Rendering by DBOX, Longfellow)

Blood Center rezoning on Upper East Side approved

A controversial plan to expand the New York Blood Center in the Upper East Side has advanced through the...

Blood Center rezoning on Upper East Side approved
39 Clarkson Street (Google Maps)

Hudson Square office building sold for $46M

Days after Google shattered a pandemic purchase record in Manhattan’s Hudson Square, another deal has added to the neighborhood’s pricey office scene. Vanquish LLC, a group of investors from the Middle East, bought a...

Hudson Square office building sold for $46M
The office space at 99 Church Street  (Google Maps)
Tri-State

Berkeley College selling two downtown White Plains buildings

Months after announcing the closure of its Westchester campus, Berkeley College is selling the two buildings it formerly occupied...

Berkeley College selling two downtown White Plains buildings

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