by Anthony | Dec 15, 2020 | commercial real estate, COVID19, Housing, Inventory, New York CIty
As the pandemic wears on, it appears that commercial real estate agents are expecting a good part of their occupancy to return back to the city. Offices will no longer be crammed with lots of employees. Social distancing, Plexiglas and remote workers will comprise the...
by Anthony | Nov 4, 2020 | commercial real estate, COVID19, New York CIty, Rentals
Another concern is that the real estate industry in general is expecting to face some hard times. New York City will depend on the revenues generated from its real estate values, which in prior years had generated approximately $30 billion in 2019. This number for a...
by Anthony | Oct 19, 2020 | 2020 Trends, commercial real estate, COVID19, New York CIty, NJ
The problem with a cliff is that once you accidentally fall off one, there is not much to grab onto. The current condition of New York City commercial real estate is probably looking at a cliff scenario. The pedestrian and retail traffic is just not coming back to the...
by Anthony | Sep 17, 2020 | commercial real estate, Northern New Jersey
Corporations are making demands upon departments to return to normal. The problem is no one quite knows what the new normal is going to be. In terms of defining holistic workspaces, solutions are just now coming to the surface as we realize that the social distancing...
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