Category: Commercial Real Estate

Brooklyn nursing home tops mid-market investment sales

August 12, 2022 | Commercial Real Estate

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...

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McDonald’s Returns to Times Square With a $40 Million, 20-Year Lease

August 11, 2022 | Commercial Real Estate

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...

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Is Airbnb playing a role in NYC’s skyrocketing rents?

June 13, 2022 | Commercial Real Estate

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...

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Commercial leasing: Reexamining force majeure in the post-COVID landscape

June 7, 2022 | Commercial Real Estate

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...

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Manhattan retail rents tick up as recovery slogs along

June 6, 2022 | Commercial Real Estate

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....

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Nine Must Reads for the CRE Industry Today 

May 25, 2022 | Commercial Real Estate

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...

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Chaves Perlowitz Luftig LLP