Featured Blogs
NJ Industrial Leasing Surged in 2024
As 2024 industrial leasing data wraps up, New Jersey recorded a 14% year-over-year increase in new commitments, totaling 38.2 million square feet. Deal counts rose 6%, while average lease sizes […]
Read More....Manhattan Retail Leasing Strong, Rent Growth Slow
Manhattan’s retail leasing market experienced a strong rebound in the second half of 2024, driven by a combination of factors, including a thriving job market, near-record levels of tourism, and […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....Joann to Close 500 Stores Nationwide Amid Bankruptcy
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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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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