Rising interest rates will dampen city’s investment sales market this year
Activity in New York City’s investment sales market continued to rebound in the first quarter of 2022, but a...
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
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George Comfort & Sons has got the goods at its newly renovated office building in the Theater District, signing...
Tri-State
Destructive tenants driving upstate landlords to despair
Upstate landlords are fed up with tenants wrecking their rentals and getting away with it. Landlords and property managers...
NY Public Library leases 41k sf for Midtown offices
The New York Public Library isn’t taking a page from the rest of Manhattan’s beleaguered office market, instead signing...
Old-guard landlords cash out in Manhattan, Bronx multifamily deals
Multifamily deals in Manhattan and the Bronx highlighted an otherwise slow week for mid-market investment sales as a handful...
Los Angeles
Ben Shaoul plans 376-unit complex near L.A.’s Chinatown
A high-profile New York landlord has bigger plans for a multifamily project near Downtown Los Angeles. Ben Shaoul is...
Landlords called it: Vacancy rate jumps, rent-stabilization stays
When Gov. Kathy Hochul extended the deadline to complete the 2021 Housing and Vacancy Survey, landlords decried the move....
Tri-State
Tri-state deal roundup: Multifamily, industrial still hot
In a world of rising apartment and warehouse rents, it is not hard to find investors for multifamily and...
Vice scraps move to Rudin’s Dock 72
Vice Media will remain in its 77,000-square-foot Williamsburg office digs and not move to Rudin Management’s Dock 72 as had been expected. Vice has renewed its lease with WEB Holdings LLC, the owner of...
Silverstein, Metro Loft pick up Rudin’s 55 Broad Street for $180M
Rudin Management handed off a Financial District building after nearly 60 years, selling the 30-story office property to a...