Commercial Real Estate Rentals Are Heating Up
by Neil A. Dolgin This year has been a challenging one for building owners because of high inflation, rising interest rates and the increasing costs of doing business in New York City. It’s been an even tougher one for owners of vacant buildings who tried to sell their properties on the high side and waited… Read more »
Finding Good News in NYC Commercial Real Estate
by Neil A. Dolgin After a strong economic rebound for commercial real estate in 2021, data from the National Association of Realtors (NAR) indicates a slowdown in the growth of commercial real estate in 2022 resulting from the effects of the Covid-19 pandemic, rising inflation, higher interest rates, and geopolitical events that have caused a… Read more »
Challenges for New York City Tenants and Landlords in the Post-Pandemic Environment
By Neil A. Dolgin There has been considerable discussion about how commercial real estate has been transformed in the wake of the Covid-19 pandemic, along with impacts on tenants and landlords. Both have faced challenges that I have covered in my prior post, Factors Shaping the Future of Commercial Real Estate in NYC. Emerging Trends… Read more »
Here’s How CRE Sales Can Truly Return to Pre-Pandemic Levels
by Neil A. Dolgin The Wall Street Journal (WSJ) recently reported on investors who are diving back into commercial real estate and driving this year’s sales volume to pre-pandemic levels. Combined with lower interest rates, they are reporting a renewed optimism that the worst of the pandemic may be behind us. Driving that conclusion is… Read more »
Q&A With Neil A. Dolgin
What kinds of changes are you seeing in the commercial real estate marketplace post-pandemic… and is this the new normal? Small is the new premium. The market for smaller spaces is active with an influx of commercial customers coming to us with specific needs and expectations that we are trying to meet and exceed through… Read more »
Four Things To Know Before Making the Switch from Residential Real Estate to CRE
by Neil A. Dolgin For New York City’s ultra-competitive residential brokerage community, these are uncertain times. Amidst an already-softened sales market and growing concerns about a lack of affordable housing that have led to swifter rent stabilization measures and the possibility of a recession pending the outcome of the presidential election, it is also grappling… Read more »