Archives for External News Source

By Pat Ralph at The Real Deal With rents rising and a slowdown in new apartment construction on the horizon, mid-market investors continue to target multifamily assets in New York City. Eight transactions involving commercial properties...

By Max Gross at Commercial Observer  Broadway loves a big revival, and McDonald’s loves Broadway. The golden arches signed a 20-year, $40 million lease with Jeff Sutton’s Wharton Properties at 661 Eighth Avenue right across the street from the Port Authority Bus...

By Raanan Gerberer at Brooklyn Daily Eagle  The city’s outer-borough industrial real estate market, including Brooklyn, continued to show healthy improvement during the second quarter of 2022, according to a new report by Colliers...

Housing Justice for All will concentrate on passing a statewide measure By Suzannah Cavanaugh | Research By Kathryn Brenzel  at The RealDeal Less than a year after Albany made history as the first New York municipality to pass good cause...

Penthouse at 100 11th Ave asking $23M tops the list, but most contracts last week were for homes under $5M By Sasha Jones at TheRealDeal Luxury homes kept finding buyers in Manhattan last week,...

A new report says there are more short-term rentals available in the city than standard ones Written By: The Real Deal   Looking to rent an apartment in New York City? Maybe you should...

By: Leah Laframboise, Clay Pulliam, and Christina Sprecher of Reuters   The impact of the COVID-19 pandemic on commercial leasing was immediate and severe. Landlords and tenants were faced with challenges of a type and...

Nine of 17 corridors saw asking rents rise as tenants face supply chain, labor issues By Sasha Jones at The Real Deal   Manhattan retail rents are on the rise but remain below pre-pandemic peaks....

Renting on a month-to-month basis can leave tenants in a vulnerable position. But landlords often want to make a deal rather than evict. By Ronda Kaysen at The New York Times Q: My wife and...

Suddenly finding itself with too much space, Amazon is looking to sublease some of its excess warehouse space, reports Bloomberg. Despite rate hikes, the Mortgage Bankers Association expects CRE lending volume to hold steady...