Brooklyn Commercial Real Estate
The Quirky Real Estate of Movie Theaters: Their Lifeline.
Just a few years back, U.S. movie theaters seemed destined for irrelevance. But their unconventional real estate might just be what saves them. Movie theaters are constructed with sloped, concrete […]
Read More....Single-Tenant, Net-Leased Property Sales at 14-Year Low
Just a few years ago, retail, industrial, and office properties with single tenants responsible for taxes, insurance, and maintenance were highly favored by buyers for their financial stability. However, this […]
Read More....New Jersey Film Studio Planned Near Birthplace of First One
Renowned inventor Thomas Edison established the world’s first movie production studio, the Black Maria, in West Orange, New Jersey, back in 1893. Now, the city is set to welcome a […]
Read More....The exclusivity of New York’s million-dollar earner club is diminishing
Between 2020 and 2021, New York saw an increase of over 21,000 tax filers reporting earnings of $1 million or more, as revealed by recent data from the Internal Revenue […]
Read More....Being Together in the Workplace is Essential
For Mitch Goldenberg, the decision was clear-cut. Regardless of any return-to-office directive, it held little sway. “I reside in a one-bedroom apartment in New York City. It becomes monotonous,” remarked […]
Read More....Amazon Plans to Cut Leases and Shrink Office Space
Amazon (AMZN), the renowned tech and e-commerce behemoth, is devising a strategy aimed at saving $1.3 billion through substantial reductions in office space and the early termination of leases. Over […]
Read More....Office Features’ Impact on Tenant Premiums
In recent years, office tenants nationwide have downsized their real estate holdings, but certain building features not only retain tenants but also command premium rents. Amenities like roof terraces, sky […]
Read More....The Commercial Real Estate Super Broker Era Comes to an End
Has the era of the super broker come to an end? This question surfaced recently as two prominent New York City-based investment sales brokers departed from their positions at large […]
Read More....Increase of Medical Office Leases in New York
More New Yorkers can anticipate the arrival of medical providers in their neighborhoods soon. According to a report by JLL, the medical office inventory in New York City reached 6.3 […]
Read More....Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings
For years, municipalities have utilized incentives to stimulate desired investments or address persistent issues requiring private-sector involvement. Presently, city officials are rolling out or enhancing programs to promote office-to-residential conversion […]
Read More....$3.3 Billion in Federal Grants is Accelerating the Initiation of Numerous Projects
Federal officials have disclosed the distribution of the remaining grants for transportation and commercial developments in cities such as Boston, Chicago, and New York. The U.S. Department of Transportation […]
Read More....Midtown South Rezoning May Pave the Way for 4,000 New Homes
New York City planning officials aim to revitalize a 42-block area in Midtown South, introducing a draft zoning plan that would permit taller, mixed-use buildings in the region between Fifth […]
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