Featured Blogs
WCRE Second Quarter 2024 Report
Southern New Jersey & Philly CRE Markets Show Adaptability While Awaiting Rate Cuts Markets Strive for Stability Amid High Borrowing Costs and Inflation Commercial real estate brokerage WCRE reported in […]
Read More....CRE Expectations for Capital Costs and Dealmaking in H2 2024 are Mixed
The outlook among commercial real estate industry players remains mixed as 2024 reaches its midway point. A second-quarter survey by Altus Group found that more respondents were concerned about a […]
Read More....Office Landlords Prefer a Type of Tennant
Many office landlords today are grateful for any lease they can secure to fill vacant space, but they do have preferences. Companies in the legal, banking, finance, and insurance industries […]
Read More....New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey
The I-81 corridor in Central and Eastern Pennsylvania and the I-95 corridor in New Jersey are critical logistics hubs for distribution centers serving the densely populated eastern mid-Atlantic region. Each […]
Read More....Traffic Problems in Manhattan
The New York governor’s decision to withdraw support from a Manhattan tolling program, aimed at easing traffic and generating $1 billion annually for the transit system, has alienated not only […]
Read More....Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation
The Federal Reserve left its overnight lending rate unchanged at its seventh consecutive meeting this week, maintaining the target rate for banks between 5.25% and 5.5%, a 22-year high. This […]
Read More....Office Building Being Sold for Less than Morgage
An office building in New York City, owned by an affiliate of Related Companies, is set to be sold at a steep discount. Empire Capital Holdings and Namdar Realty Group […]
Read More....NYC Retail Market Reels After Smoke Shop Crackdown
Roll Up Nation vanished from NoHo last month, leaving behind only an expensive sound system, a few stray rolling papers, and a 1,927-square-foot epoxy mural on the ground floor retail […]
Read More....Hospital Design Transformed by Emergencies and Surgical Robots
Hurricanes, pandemics, and robotic surgical arms are driving fundamental changes in healthcare design. Dan Thomas and Julie Frazier of Perkins & Will highlighted some of the nation’s most disruptive changes […]
Read More....Industrial Tenants Leasing Surge
Concerns over inflation and higher interest rates affecting consumer spending remain widespread, but they are no longer causing industrial tenants to hesitate on lease transactions as they did last year. […]
Read More....FIRE Tenants in Manhattan Show Slower Expansion
The financial industry, a cornerstone of New York City’s economy for more than a generation, is showing signs of reducing its demand for New York offices. From the pre-pandemic years […]
Read More....Loans on Office Buildings are Increasing
Sales of loans secured by struggling commercial real estate, including offices, are gaining momentum despite resulting in financial losses. Banks, in particular, are increasingly putting more loans secured by office […]
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