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

(Getty)

Manhattan office leasing jumps as availability and rents drop

Despite continued uncertainty about workers returning to their desks, Manhattan’s office market appears to be gaining momentum. Office leasing...

Manhattan office leasing jumps as availability and rents drop
(Photo Illustration by The Real Deal with Getty Images)
National

US retail real estate rises from the ashes

The onset of the pandemic sent retail real estate through the ringer, first with lockdown-imposed closures before the rise of e-commerce inspired predictions of doom. But the market climbed to new heights earlier this...

US retail real estate rises from the ashes
Rubenstein Partners' David Rubenstein and 25 Kent Avenue in Williamsburg (Getty Images, Twenty Five Kent, Rubenstein Partners)

Rubenstein rolls co-working company into 25 Kent

UPDATED, Oct. 4, 2022, 12:30 p.m.: Another coworking company has arrived in New York City. Israel-based Mindspace is taking...

Rubenstein rolls co-working company into 25 Kent
Friedkin Property's David Friedkin 2 Canfield Avenue (LinkedIn, Google Maps, Getty)
Tri-State

GID sells multifamily complex for $113M

San Francisco-based Friedkin Property Group is making a multifamily play on the opposite coast, snapping up a Westchester County apartment building for $113 million. The real estate investment group purchased Windsor at The Gramercy...

GID sells multifamily complex for $113M
Wharton Properties’ Jeff Sutton with 1551-1555 Broadway

Sutton faces foreclosure on Times Square American Eagle

Jeff Sutton is facing possible foreclosure on another marquee Midtown property. Deutsche Bank filed a foreclosure action Friday on...

Sutton faces foreclosure on Times Square American Eagle

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