National
Rumors fly regarding Cushman-Newmark merger: report
As Cushman & Wakefield and the Newmark Group continue to vie for the top spot in the commercial brokerage...
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
Mammoth Maui cattle ranch hits market for $75M
Talk about surf and turf! A 3,600-acre cattle ranch on the shores of Maui is hitting the market for...
National Weekend Edition
Dilapidated New York tuberculosis hospital, vacant since 1973, hits the market
A 31,000-square-foot tuberculosis hospital west of Saratoga Springs, abandoned since 1973 and wreathed in vines and graffiti, is on...
National
Construction tech startups Alice, Join score new commitments
Technology investors’ appetite for risk may be dwindling, but their interest in the construction tech niche seems to be...
National
Yelp shuttering NYC, Chicago offices after eyeing subleases for remote
After two years of indecision over what to do with redundant office space, one major tech company has made...
Tri-State
On the dock-et: Shelter Island inn owner sues town
Aandrea Carter may be the new kid on the dock, but she isn’t letting Shelter Island dismantle her dreams....
Carl Icahn goes to war against Rialto, CMBS servicers
Activist investor Carl Icahn has a new target — one that has long pestered short sellers and property owners:...
National
Brookfield hotel REIT sues insurers for denying pandemic claims
Hospitality Investors Trust, a hotel investor bankrupted by the pandemic and taken over by Brookfield Property Group, is taking...
Tri-State
Tri-state deal roundup: King Kullen loses ground, Modell’s cavities filled
The tri-state area’s latest commercial activity includes a slew of retail and office leases, shopping center sales and development...
Fruchthandlers sell Bronx multifamily properties for $169M
In one of the year’s biggest multifamily market deals in the Bronx, Ephraim and Eli Fruchthandler sold two buildings...