New York City

Commercial Real Estate Advisors

Author: Steven Llorens

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The Big Apple’s Retail Revival: Strategies for NYC’s Shopping Streets 

New York City, the concrete jungle where dreams are made of, has also witnessed the struggles of its iconic retail scene. The rise of e-commerce and soaring rents have left many storefronts vacant, casting a shadow over the city’s vibrant shopping districts. However, a retail renaissance is brewing, fueled by innovative strategies that are breathing new life into these once-beleaguered spaces.

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NYC’s Condo Dream on Hold: Will Prices Fall or Will Buyers Adapt? 

New York City’s multifamily market, encompassing both rentals and condominiums, is experiencing a period of significant change. While traditionally a seller’s market, recent trends suggest a shift in power dynamics. Understanding these trends and challenges is crucial for both renters and investors navigating this dynamic environment.

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New York’s Good Cause Eviction Law: Only Time Will Tell 

A recent legislative development in New York has significant implications for renters in the state. The Good Cause Eviction Law, enacted in April 2024, aims to restrict landlords’ ability to evict tenants without a valid justification. As we explore the provisions of this law, we assess its potential impact on renters and landlords, and its broader implications for housing policy in New York. 

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New York’s Top 3 Commercial Real Estate Trends in 2023 and 2024  

New York City’s commercial real estate sector currently responds energetically to the evolving demands of businesses. According to the New York City Economic Development Corporation, the commercial real estate market in 2023 relished a 15% increase in leasing activity compared to the previous year.

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Navigating Flood Insurance for NYC Commercial Real Estate: A Guide for Renters and Buyers  

New York City, with its dense development and proximity to water bodies, faces a considerable risk of flooding. The commercial real estate sector is no exception to these risks, making the understanding of flood insurance in this context crucial. This article aims to inform and guide those who rent and buy commercial real estate in NYC about the ins and outs of flood insurance. 

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Green Revolution: How Eco-Friendly Projects are Enhancing Commercial Real Estate in New York City’s Five Boroughs 

As the world becomes more conscious about environmental sustainability, commercial real estate sectors are equally stepping up to the plate. In all the boroughs of New York City green initiatives are gaining traction. This burgeoning trend is not just for show – it’s shaping how developers design, launch, and sell commercial spaces.  

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