Manhattan’s office leasing sees busiest month since January
Manhattan’s office leasing activity in July was the strongest since January, but that doesn’t mean the market is on...
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.
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Newmark nabs REBNY prize for deal with NYC Health + Hospitals
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Commercial rent tax cut introduced in City Council
With small businesses across the city closed or on the brink of failure, a Manhattan lawmaker introduced a bill...
The Outlook: Industry experts break down Manhattan’s office condo market
The coronavirus pandemic put brakes on the office condominium market in Manhattan. And the recovery likely won’t be quick,...
Colliers taps JLL’s Peter Nicoletti to lead capital markets
JLL’s Peter Nicoletti is jumping to Colliers International, after the firm’s top investment-sales threesome retired this spring. The 30-year...
Pol, biz groups: Suspend rent tax, extend outdoor dining
New York City’s reopening and federal aid will not be enough to save many small businesses, so a City...
Where is everybody? City workers still home
Echo, echo, echo… Although New York office buildings have been allowed to reopen, not even 1 in 10 workers have returned. The world’s largest commercial real estate servicer, CBRE, told the Wall Street Journal...
City protects big companies, hurts small landlords: lawsuit
In suing their Times Square landlords, Gap and Old Navy cited a city law that protects their lease during...
State bill would soften blow for commercial tenants who break leases
Commercial landlords may soon need to follow some of the same rules that govern residential property owners when a...
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