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Commercial Offices Coming Back, Residential Grows Stronger

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...

The Rent Is Due Part 2

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...

The Impact of COVID on Commercial Real Estate

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...

Commercial Agents Adapt to Flex Office Space

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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