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Why Are Office Rents Still Rising? It’s Complicated

Why Are Office Rents Still Rising? It’s Complicated

You may be asking Why Are Office Rents Still Rising? When office vacancy rates hit record highs and tenants return space in large numbers, you’d expect rental rates to drop. […]

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Study finds New York Retail Availability Hits Record Low

Study finds New York Retail Availability Hits Record Low

New York’s office sector continues to face high vacancy rates, but the retail market is seeing a stronger recovery from the pandemic. According to a JLL study, retail availability in […]

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Manhattan Office Vacancy Falls as Q3 Leasing Activity Increases

Manhattan Office Vacancy Falls as Q3 Leasing Activity Increases

Manhattan’s office leasing market had a strong third quarter, with leasing activity surging and vacancy rates dropping, according to a new report from Avison Young. Leasing reached 23.1 million square […]

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Office Attendance is Rising, but Not for all Employees

Office Attendance is Rising, but Not for all Employees

The combination of these trends has led to significant milestones in post-pandemic office attendance, though certain metro areas and employees are bucking the overall trend. According to Placer.ai’s Office Building […]

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CRE Investors Ready to Deploy Capital Following 50 BP Interest Rate Cut

Lower Manhattan Fed Rate Cut

  Less than 24 hours after the Federal Reserve’s unexpected 50 basis point interest rate cut, investors showed optimism about increased capital flowing into commercial real estate at Commercial Observer’s […]

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The Great Migration is Mostly Over, Halted by Two Economic Shifts

Among the biggest beneficiaries were neighbors Brooklyn

The Great Migration, which saw millions of Americans relocate to new cities during the height of the Covid-19 pandemic, has largely come to a halt, slowed by a mix of […]

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How Retailers’ Chapter 11 Filings Will Impact Commercial Real Estate

How Retailers' Chapter 11 Filings Will Impact Commercial Real Estate

Retail bankruptcies have led to increased vacancies in shopping centers and malls across the U.S. In some areas, new tenants have quickly filled these spaces, often at higher lease rates. […]

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Fed Cuts Interest Rates by Half Point in First Easing Move in Four Years

Fed Cuts Interest Rates by Half Point in First Easing Move in Four Years

On Wednesday, the Federal Reserve cut interest rates by half a percentage point—the first reduction since the early days of the Covid pandemic. The move aims to counter a slowdown […]

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Brokers Struggle as Companies Hesitate to Hire

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 […]

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New York’s Park Avenue Revamp: Benefits for Landlords

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 […]

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Major Banks Report Spike in Noncurrent CRE Loans

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 […]

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New Jersey Investors Focus on Multifamily and Industrial

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 […]

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