Articles
Why Did Investors Put $75 Million Behind This Queens Shopping Center?
What does the $75 million financing for Queens’ Whitestone Shopping Center tell us? It shows that capital is still available for retail when investors and lenders see strong fundamentals and a credible path to value creation. For brokers, that means taking a closer look at grocery-anchored centers, neighborhood shopping centers and older retail properties with redevelopment potential.
NYC’s New Condo Supply Is Set to Drop. Where Will Buyers Find Affordable Options?
NYC needs roughly 700,000 additional homes over the next decade, yet new condo launches are projected to fall through 2029 as developers lean toward rentals and luxury projects. The city needs more housing, but the condo pipeline is moving in the opposite direction. So what’s happening to NYC’s new condo supply?
What Happens When Apartment Rents Stop Growing in NYC but Costs Don’t?
NYC’s one-year rent freeze runs from October 1, 2026 through September 30, 2027, limiting rent growth for stabilized apartments. From where we sit as NYC commercial real estate brokers, the biggest issue is not simply the rent freeze.
What Went Wrong at the Chetrit Group? Lessons from the Fall of Major Real Estate Family in NYC
What happened to the Chetrit Group? If you have been around New York City commercial real estate, you have probably heard the Chetrit name. They were connected to major properties such as the Hotel Chelsea and the Sony Building, along with numerous other projects in New York and beyond.
What are the 3 Most Common Types of Commercial Leases in NYC?
A tenant sees a space advertised at $35 per square foot and thinks, “I can afford that.” Then the other numbers show up. That is why understanding the lease structure matters. So what are the three most common commercial lease structures we see?
Which Type of Commercial Real Estate Is Actually Worth Investing in New York City?
In New York City, we are seeing stronger attention on properties that can support flexible work, logistics, healthcare, technology, food service, residential demand, and other specialized uses. Office and Retail properties are changing and it comes with the demand. So, which Commercial Real Estate type is best for investors in NYC?
Why Are 57,000 Rent-Stabilized Apartments Sitting Vacant in NYC?
We are looking at an unusual situation in New York City. The city continues to face a severe housing shortage, yet tens of thousands of rent-stabilized apartments are being reported as vacant.
Why Are Boutique Gyms Taking Over Manhattan’s Best Retail Spaces?
We are seeing one of the biggest shifts in New York City retail leasing in years. Instead of traditional apparel stores or large retailers dominating prime storefronts, boutique gyms, luxury fitness clubs, and wellness-focused businesses are signing some of the largest retail leases in the market. Why are boutique gyms taking over Manhattan’s best retail spaces?