Streaming TV Services Driving Demand for Sound Stages in Queens, Bronx and Brooklyn
Since their opening decades earlier, Kaufman and Silvercup Studios in Long Island City have proven the viability of NYC’s film and tv business. Now, with new streaming video players like Netflix, Showtime, Hulu Amazon and others creating original content, production crews are flocking to the Big Apple drawn by the area’s transportation options, large lot… Read more »
The 10 Trends That Will Shape Real Estate in 2020
Take a look at 10 trends that are expected to shape real estate in 2020 in a report from the Urban Land Institute. Curbed.
Top Execs Discuss the Current and Future Effects of Technology on CRE
The Commercial Observer’s Partner Insights team recently held a webinar on technology’s impact on commercial real estate. The discussion includes the importance of new broker tools and predictive analytics. Commercial Observer
Age is Just a Number: A Breakdown of the Age of Manhattan’s Submarkets
Here are some stats on the average office building in Manhattan. • Average age: 68 years old. • Approximately 46% were built prior to World War II (aka “pre-war”) • 30% were built after World War II but before 1980 (aka “post-war”) • 14% of the inventory was built between 1980-1999 (aka “post-1980”) • One… Read more »
REBNY Announces 2019 PropTech Challenge
The Real Estate Board of New York (REBNY) and its Technology Committee announced the details for its second annual PropTech Challenge. Launched in 2018, the competition encourages innovative thinkers and software developers to create cutting-edge solutions to challenges facing the real estate industry in New York. We encourage software developers interested in real estate and/or… Read more »
This Brooklyn Pizza Is the 2nd Best In The Country
Nine Brooklyn spots and 22 NYC eateries made this year’s list of the 101 best slices across the U.S., but only one took the runner-up rank. Lucali, a Brooklyn pizza joint on Henry Street in Carroll Gardens, has nearly dethroned Connecticut’s long-reigning pizza champ, jumping ranks to land in second place in The Daily Meal’s… Read more »
Deloitte’s 2020 Commercial Real Estate Outlook Suggests a Focus on Location, Experience, and Analytics
Deloitte’s 2020 Commercial Real Estate Outlook surveyed 750 CRE executives—owners/operators, developers, brokers, and investors—in 10 countries during the summer of 2019 to assess how, and to what extent, emerging technologies and analytics are helping leaders make more informed location decisions and create a more memorable tenant experience over the next 18 months. Here’s what we… Read more »
10 Top CRE Players On Recession Timing And Where The Industry Could Feel It First
Worried about a recession? Is this record-long economic expansion reaching a conclusion? BISNOW recently reached out to some of the industry’s biggest players to ask what assets classes could feel most pain in a slowdown, and how they are preparing for what could lie ahead. BISNOW
Four Tips For Buying Commercial Real Estate In New York City
Purchasing real estate is often integral to a company’s business strategy. Interest rates are very low and applications for refinances and purchases are up. Given some of the political uncertainty surrounding the markets, we wanted to share Matthew Holden’s 4 Tips for Buying Commercial Real Estate: 1. Find A Real Estate Attorney 2. Consider Your… Read more »
Brewery Property Sells for $22M
The Patchogue building that houses the Blue Point Brewery has been sold to a Brooklyn-based real estate investment firm. Terms of the deal were not disclosed, however, industry sources pegged the price at $22 million. The Blue Point Brewery, which has a long-term lease at the property, remains in operation. Bud and Brewery LLC, an… Read more »
3 Tech CEOs Transforming The Commercial Real Estate Industry
Technology innovation has changed industries. Look at Uber’s impact on the taxi industry to Amazon’s impact on the retail sector. In some ways, the commercial real estate industry has adopted technology adopter more slowly. Forbes examined three companies that are revolutionizing the commercial real estate industry through technology: TapCap – A digital-driven nationwide multifamily lending… Read more »