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

Hamptons businesses desperate for workers
Tri-State

Hamptons businesses desperate for workers

Restaurants and retailers everywhere have been struggling to staff up as Covid risks, increased unemployment benefits and other factors deter workers from returning. But in the East End, recruiting is even more difficult. As...

Hamptons businesses desperate for workers
Cushman & Wakefield CEO Brett White (Cushman)
National

Cushman eyeing M&A opportunities post-pandemic

Cushman & Wakefield reported a $17.2 million net loss in the first quarter of 2021. But the brokerage, which...

Cushman eyeing M&A opportunities post-pandemic
Andrew Yang (Getty, iStock)

Yang targets vacant lots with $900 million tax plan

Andrew Yang sees nearly $1 billion in untapped property tax revenue sitting in New York City’s vacant lots. The...

Yang targets vacant lots with $900 million tax plan
Ron Burkle and Andrew Zobler with The NoMad New York. (Google Maps, Getty)

NoMad Hotel heads back to the auction block

The owners of the NoMad Hotel — who shelled out big bucks a few years ago to avoid foreclosure at the 11th hour — have their backs up the wall once again. Billionaire investor...

NoMad Hotel heads back to the auction block
RXR Realty's Scott Rechler with 75 Rockefeller Plaza (Getty, David Shankbone/Wikimedia)

RXR Realty serves American Girl with a lawsuit

What’s more American than suing your nonpaying tenant? RXR Realty filed suit against American Girl this week for missing...

RXR Realty serves American Girl with a lawsuit
SL Green’s director of leasing Steve Durels and One Vanderbilt. (SL Green, One Vanderbilt)

SL Green to offer flex offices at One Vanderbilt

One of Manhattan’s biggest office landlords is hopping on the flex-office bandwagon. SL Green will dedicate the entire 54th...

SL Green to offer flex offices at One Vanderbilt

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