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REBNY Report Shows New York City Construction Activity Outpacing Year-Over-Year Totals


The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today released its Quarterly New Building Construction Pipeline Report for Q2 2022. Construction activity in Q2 2022 again outpaced historical averages. Offering good-paying jobs and essential for attracting and retaining investment, employers and residents, this construction activity represents significant progress… Read more »

How Today’s Economy is Affecting Commercial Real Estate


by Neil A. Dolgin Fall has arrived with an economy still finding its way. There is low unemployment which bodes well, but the challenges of high interest rates and inflation are increasing concerns about the possibility of a recession.  Interest rates are already up 2% this year, and inflation is still soaring despite a downturn… Read more »

Commercial Real Estate Is Facing a Triple Threat: Interest Rates, Inflation, and Recession


Commercial property sectors, other than office, have recovered well after the shock of the pandemic. Generational demographics and a particularly robust job market have sustained demand, and rents and occupancy are continuing to rise, albeit at a slower pace than last year. The fundamentals are good, yet property investors are appropriately nervous. They face the… Read more »

NYC Commercial Real Estate Brokers Say They’ve Never Been More Confident


Even in light of the slew of existential threats facing the industry, commercial brokers’ confidence is on the rise. The Real Estate Board of New York’s quarterly real estate broker confidence report showed its Current Conditions Index for commercial brokers spiked to hit a record high of 36, up from 20 the quarter before and… Read more »

KDA Negotiates 3 of 5 Top Industrial Leasing Deals in the Co-Star Power Brokers Quarterly List for NYC Outer-boroughs and Long Island


Prominent industrial leases signed by Kalmon Dolgin Affiliates (KDA) are among the top industrial leases recognized by CoStar for the third quarter 2021.  As big ticket items involving sizable investments, commercial property transactions often have a wider impact within the community. CoStar recognizes the largest leases completed each quarter and the dealmakers who made them… Read more »

How retail owners can take advantage of new trends


The retail industry and its real estate component are evolving more rapidly than ever. Today, the typical consumer is much better educated and price savvy about their merchandise choices than they had been in the past and often know in advance what specific item they want to purchase. To complicate matters, the competition from online… Read more »

It’s a Broker’s Market


We will talk more about the commercial and industrial marketplace in additional posts over the next weeks. Right now we think this is a terrific marketplace for brokers. So we’d like to welcome the newest member of the KDA broker team, Max Duclos. As Max and our brokers canvas neighborhoods, we’re seeing an influx of… Read more »

Amazon Delivers Hope to Brooklyn Office Market


The coronavirus has slowed an already lagging Brooklyn office market, but Amazon Music has signed a lease in a new Williamsburg building that has local brokers feeling optimistic. Amazon’s music streaming service took 40,000 square feet of production space at Rubenstein Partners and Heritage Equity Partners’ 25 Kent. Commercial Observer  

SIOR: More CRE Transactions Stay on Schedule


The commercial real estate industry is gradually getting a handle on how to do business during a pandemic, according to the results of the August Sentiment Survey from SIOR. Back in April, only 26.1 percent of transactions were proceeding according to schedule, but that figure increased to 45.2 percent in the latest survey. Parallel to… Read more »

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