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What a $660-psf gift shop lease says about Times Square’s recovery


Tourism may be down, but retailers are still making bets on Times Square. Most recently, a souvenir shop signed a lease for 1,000 square feet of ground-floor space at 566 Seventh Avenue. The store will be paying $55,000 a month for the space, next door to the newly opened Margaritaville Resort. On its face, a… Read more »

The Commercial Real Estate Brokerage Tech Revolution Starts With Automation


Commercial real estate brokers are slow to adopt tech.” How many times have you heard that? In a way, it’s true. Compared to the massive amount of tech adoption that has happened in nearly every industry, brokers are still largely doing business much as they have for the last few decades. But here’s the thing:… Read more »

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