Investors and Stakeholders Still Maintain and Strong Outlook for Long Island City
Long Island City’s commercial real estate market has seen its fair share of challenges. For years it has been flooded with luxury rental units, faced high office vacancy rates, few retailers and the very public tumult of the Amazon HQ2 deal collapse. But investors and stakeholders in the neighborhood still maintain a strong long-term outlook…. Read more »
What’s Behind Medical Office Buildings’ Strong Trajectory
Healthcare real estate, specifically medical office buildings, are poised for further success. Medical office buildings comprise approximately 10% percent of the US office sector. These buildings are typically about 40,000 square feet and range from small physician offices to large healthcare systems. Investors are attracted to this asset class due to its stability and positive… Read more »
Moody’s National Office Market – Q3 Trends – NYC Vacancy Declined
According to Moody’s Analytics REIS National Office Market Trends for Q3: The Office vacancy rate was flat in the quarter at 16.8%. In the third quarter of 2018, it was 16.7%. Overall vacancy has declined only 0.3% in the last five years. New York City saw steady net absorption as vacancy declined 0.2% to 7.9%,… 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.
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 »
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 »