by Anthony | Jul 13, 2021 | 2021 Topics, commercial real estate, Hiring, Marketing
It’s not a job; it’s a solution. Oftentimes when conversations begin with individuals for the first time, the question will come up, What do you do? The answer may come out: I’m a doctor, I’m a lawyer, I’m a personal trainer, I’m a...
by Anthony | May 27, 2021 | 2021 Topics, commercial real estate, NJ Real Estate News, Real Estate News
In this New Jersey Realtors® update, CEO Jarrod Grasso and 2021 President Jeff Jones discuss how the pandemic impacted the commercial real estate market and what’s on the horizon for the industry. The industrial sector is booming due to commerce pivoting to...
by Anthony | May 3, 2021 | 2021 Topics, commercial real estate, COVID19, Housing, Inventory, Monmouth County NJ
Will the surge in demand for residential housing result in malls being converted into housing? Mall vacancies continue to increase and retailers look for other ways to sell their goods. According to Moody’s Analytics, the vacancy rate for regional malls in the...
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...
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