The withdrawal of Amazon from one of the most lucrative commercial real estate deals in New York City left many property investors stunned and frustrated. A major corporation coming to NYC stimulates transactions in niche sub-markets, attracts buyers and tenants...
Regardless of which megacorporations decide to make a home in NYC, one thing has become apparent – Queens construction opportunities abound. Whether investors are renovating an existing property, taking on an adaptive re-use project, or lining things up for large...
The news of Amazon’s withdrawal from a deal to open a new campus in New York City opened a number of business opportunities for people ranging from commercial real estate investors specializing in luxury apartments to storage facilities, and everything in...
Commercial real estate opportunities have opened up in Queens, and NYC investors are trying to secure properties with term mortgage loans while the iron is hot. However, not all term mortgages are the same, and finding the right lender who...
If you read a few forecasts and analyses about Manhattan’s commercial real estate market, you walk away with a few conflicting views. Some say it’s in a slump. Others say the outlook is rosy and ready for profit, citing large...
The concept of coworking space has been around for a few years, but really saw an acceleration in the trend over the past year or two. In places like Manhattan, Queens, and Brooklyn, NYC properties are being converted to hybridized...
Amazon’s impact on the commercial real estate market continues to make the news. While the biggest announcement following the internet giant’s announcement to build a campus in NYC involved the creation of jobs, commercial real estate was not far behind....
The retail property market in NYC is experiencing a disruption right now. The number of vacant retail properties is on the rise. Major retailers on Fifth Avenue are closing their doors. Mayor de Blasio is trying to lobby for a...
Stabilized rent is has been a dwindling and highly sought after commodity in New York City. As people age, move out of apartments, and as properties get re-zoned, finding a place with stabilized rent is becoming a rarity. This June,...
Construction projects in Brooklyn, NY are on the rise. With high-level jobs opening up in NYC, people are looking for mid-range to luxury apartments. Recently, large-scale construction projects were cleared for luxury apartments in Brooklyn, but that still leaves plenty...