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Park Avenue Office Availability Hits 6-Year Low

Park Avenue Office Availability Hits 6-Year Low

Park Avenue, one of New York City’s prime corporate corridors, is making a strong comeback after the pandemic downturn. The office availability rate fell to 8.2% in the fourth quarter […]

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Warby Parker Opening in Target

Warby Parker Opening in Target

Eyewear brand Warby Parker will launch shop-in-shop locations at Target, joining a trend of retailers expanding through partnerships. The first five locations, staffed by Warby Parker employees, will debut in […]

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Tariffs and Trade Uncertainty Disrupt Port Real Estate

Tariffs and Trade Uncertainty Disrupt Port Real Estate

Port real estate markets may be impacted by changing trade policies and higher tariffs under President Donald Trump, though the exact effects remain unclear. Several factors, including the collapse of […]

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Joann to Close 500 Stores Nationwide Amid Bankruptcy

Joann Fabrics to Close 500 Stores Nationwide

Struggling fabric and crafts retailer Joann plans to shut about 500 stores—over half of its U.S. locations—amid ongoing financial challenges. The Hudson, Ohio-based company, which filed for Chapter 11 bankruptcy […]

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Inflation Breakdown January 2025

Inflation Breakdown January 2025

Inflation accelerated in January, driven by rising prices for consumer staples such as groceries and energy. Economists caution that inflation remains persistently above the Federal Reserve’s target, with trade and […]

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Federal Cutbacks Threaten Philly’s Office Market, WCRE’s Todd Monahan Weighs In

Federal Cutbacks Threaten Philly’s Office Market, WCRE’s Todd Monahan Weighs In

WCRE’s Managing Director, Todd Monahan, was recently quoted discussing the potential impact of federal cost-cutting measures on Philadelphia’s office market. As the Trump administration looks to reduce government spending, one […]

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WCRE Marks Thirteen-Year Anniversary

WCRE Marks Thirteen-Year Anniversary

This week, the WCRE team marks our thirteen-year anniversary. Our success is the result of the trust and support we receive from our clients, colleagues, and our community. Looking back […]

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Office Market Signals End to NYC’s Return-to-Office Push

Office Market Signals End to NYC’s Return-to-Office Push

The commercial real estate industry has long sought signs of stability and growth in the office market. At Commercial Observer’s Fall State of Office Forum, Ben Brown, managing partner and […]

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Real Estate Industry Pushes Back on Broker Fees

Real Estate Industry Pushes Back on Broker Fees

New York City renters can now bid farewell to broker fees. The City Council voted 42-8 to pass a bill prohibiting brokers from charging fees to renters when representing a […]

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Real Estate Heirs Break the Cardinal Rule: Never Sell

Real Estate Heirs Break the Cardinal Rule: Never Sell

William Rudin, heir to one of New York City’s top real estate dynasties, grew up with a cardinal rule his grandfather followed to build a property empire: Never sell. Despite […]

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NYC Leasing Controversy Reveals Office Surplus

NYC Leasing Controversy Reveals Office Surplus

New York Mayor Eric Adams’s challenges grew last month when the Manhattan district attorney launched an investigation into the agency managing the city’s $1.5 billion real estate portfolio. On Tuesday, […]

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Why EQT Exeter and Other Property Investors Call This a ‘Compelling Time’ to Buy

Why EQT Exeter and Other Property Investors Call This a ‘Compelling Time’ to Buy

For insight into the recent uptick in commercial real estate deals, consider EQT Exeter, the real estate division of Swedish investment giant EQT AB and one of the world’s largest […]

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