New York City's golden goose isn't just losing its feathers, it's coughing up blood, and the whole structure of government will need to adjust.
Per the city Finance Department, the total value of Gotham's commercial…
As those who got used to working from home refuse to return five days a week — and businesses shed the expensive Manhattan footprints giving every employee a desk — the value of America's costliest real estate is likely to crater. That…
Alex Potemkin thesis On a TTM basis, Clipper Realty (NYSE:CLPR) trades at over a 5.5% cap rate when adjusting for non-productive assets. This is cheap for the quality of real estate that Clipper owns which I believe would command around a…
The Peebles Corporation founder and CEO Don Peebles analyzes New York City's commercial office space market amid a heavy drop in demand on 'Mornings with Maria.' During an interview on "Mornings with Maria" Friday, Peebles Corporation…
600+ attendees, 70+ expert speakers and several Fortune 500 partners from Goldman Sachs, PGIM Real Estate and JP Morgan on boardNEW YORK, July 21, 2022 /PRNewswire/ -- Diversity in Commercial Real Estate (DCRE), powered by Avant-Garde…
TROT directly connects building owners with vacancies to companies looking for flexible office space
NEW YORK, June 22, 2022 /PRNewswire/ -- TROT, the commercial real estate marketplace, announced today the launch of its online platform…
That could leave Manhattan office landlords high and dry.
Tech accounts for 20% of tenants at Boston Properties and 17% at Empire State Realty Trust, SL Green Realty and Vornado Realty Trust, respectively, according to BMO. That exposure…