Brooklyn Commercial Real Estate
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 […]
Read More....New York’s Industrial Space Outpaces National and Major City Growth
The U.S. industrial sector is contending with a surge in available space, with New York experiencing a faster increase than other cities. Nationwide, a building boom has contributed to a […]
Read More....Real Estate’s Biggest Turnover in 20 Years
The commercial real estate sector, known for its dynamic players, has seen significant movement among industry leaders in brokering (leasing and sales), management (including top executives), and lending, largely influenced […]
Read More....10 Most Inventive and Inspiring CRE Projects
LoopNet’s readers continued to be captivated by adaptive reuse projects in the past year. Innovative endeavors demonstrated how tenants and owners could unlock potential in unconventional spaces, leading to creative […]
Read More....Whole Food is Trying Small Format Stores
Whole Foods Market, seeking expansion in urban areas, is set to join the trend of retailers opening small-format stores nationwide. The Austin, Texas-based grocery chain, owned by Amazon, revealed plans […]
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