Featured Blogs
Brokers Struggle as Companies Hesitate to Hire
Last week’s hint of an upcoming interest rate cut offered hope for commercial real estate and the broader economy. However, after two years of high rates and challenges for CRE […]
Read More....New York’s Park Avenue Revamp: Benefits for Landlords
Timeka Jones, a native New Yorker who works between Park and Lexington avenues, enjoys stepping out for lunch to get fresh air and clear her head. She’s not alone in […]
Read More....Major Banks Report Spike in Noncurrent CRE Loans
In many U.S. cities, once-bustling office buildings now stand eerily quiet. Higher office vacancies are not only reducing net operating income for building owners but also increasing the percentage of […]
Read More....New Jersey Investors Focus on Multifamily and Industrial
After a challenging 2023 marked by tight monetary policy and slowing rent growth, New Jersey’s commercial property investors are gearing up to increase spending. Last year’s property sales reached just […]
Read More....Chinatown Leader Vows: ‘We Won’t Back Down’ in Sixers Arena Fight
As city officials review recently released impact studies on the Philadelphia 76ers’ proposed Center City arena, Chinatown advocates remain firmly opposed. The city-commissioned reports, released Monday, suggest the 18,500-seat 76 […]
Read More....Expanding Retailers Actively Seek New Locations
Retailers overcame various economic challenges and signed leases for over 52 million square feet in the second quarter, marking a more than 10% increase from the average of the past […]
Read More....NYC Sidewalk Sheds Cost Businesses Thousands Monthly
Sidewalk sheds and scaffolding darkening Manhattan’s streets are taking a financial toll on the city. A study commissioned by New York City and conducted through Mastercard found that businesses in […]
Read More....New York’s Residential Market Faces NAR Deadline
When the National Association of Realtors (NAR) announced its proposed settlement and policy updates this spring, New York City’s residential real estate market largely shrugged. The city’s unique position stems […]
Read More....Can ‘Experiences’ Save Philadelphia-Area Malls
Greater Philadelphia has seen a surge in experiential retailers as consumers seek more interactive shopping options. Experts believe these immersive concepts are crucial for the survival of malls. While not […]
Read More....Macy’s Closures to Spark Significant Changes at Shopping Malls
Macy’s decision to close nearly a third of its stores will lead to significant changes in malls and communities across the U.S., with some transformations likely surprising shoppers. In late […]
Read More....New Jersey Industrial Owners Struggle with Growing Big Box Vacancy
A persistent mismatch in New Jersey’s industrial property sector between occupiers’ space needs and the influx of large new projects is creating a divide in the types of available industrial […]
Read More....Global Stock Dive Pressures Fed for Deep Rate Cut in September
The commercial real estate industry faced sudden uncertainty Monday as recession fears shook global markets. This could prompt a larger-than-expected interest rate cut in September, industry sources said. The Dow […]
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