Title Industry Pivots to Rework Consumer Closing Experience During COVID-19
Bill Svoboda of CloseSimple takes a deep dive into how the title industry has adapted to meet consumer needs during the pandemic.
Examining the New York Residential Investment Market Post-Lockdown
When it comes to the New York residential investment market in the new normal, it becomes a tale of two areas: NYC and suburbia.
New York State Passes Housing Discrimination Bill, Giving Authority to Revoke Brokers’ Licenses
August saw the passage of a new housing discrimination bill giving the New York State Department the power to revoke brokers’ licenses.
D.C., DFW & Bay Area Are the Nation’s Biggest Suburban Office Markets
D.C., Dallas-Fort Worth and the Bay Area were found to be the nation’s biggest suburban office markets. DFW lead the list for suburban office developments in the last 10 years.
The NYC Neighborhood Report: 44 Neighborhoods Closed Fewer Than 5 Sales Under Q2 Pandemic Pressure
Hudson Yards is among 44 NYC neighborhoods that closed fewer than 5 sales as sales activity fell 42% across the four boroughs during a tumultous Q2.
Breakthrough Properties Fully Leases Boston Building to Biotech Company
Breakthourgh Properties announced the full lease of a 263,500-square-foot laboratory building in Boston to gene editing company CRISPR Therapeutics.
An Inside Look at Commercial Leasing Trends & Legal Analysis
Leviathan Leasing Founder Yaron Cohen & real estate attorney Nataly Goldstein discuss current commercial leasing trends and potential legal changes to come.
How Much Is My House Worth?
Figuring out how much your home is worth can be difficult without involving real estate professionals, but it’s an essential step, whether buying or selling.
A Room in Manhattan or a Mansion in Memphis? How Much Residential Space $250,000 Can Buy in the 100 Largest U.S. Cities?
Key Takeaways: Location, location, location -it’s a well-worn catchphrase in real estate. However, in today’s COVID-19 impacted markets, location has taken on a whole new meaning. In fact, according to data from Harris Poll, almost a third of Americans are looking for properties in areas that are less densely populated. Some of the factors responsible…
Scalable Property Management Software to Grow Your Business
See how scalable property management software can help you grow your real estate portfolio and prepare for what’s next, even in a challenging market.
Rent Freeze & Regulations in New York City
With eviction moratoriums still in place and late-payment fees banned, officials have been working to ease renters’ worries, while landlords continue to struggle with limited income.
Best 360° Virtual Tour Software Options for Real Estate in 2020
Real estate professionals are often having difficulty closing deals as the industry faces significant challenges due to the COVID-19 pandemic. However, when social distancing went into effect — and even showing houses in person was prohibited in some states — virtual tours emerged as a viable way to address this issue. And, while the physical…
Top Ten Most Expensive Homes Sold in 2019 in The Hamptons
The Hamptons is one the world’s most exclusive seaside resorts — and the ultimate playground of the rich and famous. In addition to its lush greenery and opulent vacation homes, the area is dotted with private beaches on the Atlantic coast, stretching from Southampton to East Hampton on New York’s Eastern Long Island. The towns,…
Q1 2020 New York City Neighborhood Real Estate Report
Key Takeaways: First quarter sales activity went up by 5% compared to last year. Hudson Yards remained most expensive neighborhood with a $4.6 million median sale price. Malba was the 7th-priciest neighborhood, with a $2 million median sale price. Manhattan’s most affordable neighborhood was Inwood with a $409,575 median home sale price. The first quarter…
Omninet Capital Nabs Two Metro LA Office Campuses for $78M
Omninet Capital recently purchased two metro Los Angeles office properties — one in Torrance and one in Commerce — for a total of $78 million. In the first deal, Omninet bought a three-building office park in Torrance called Park Del Amo. Located at 2355 and 2377 Crenshaw Blvd., the 204,468-square-foot campus fetched $39 million. At…
Tik Tok Inks Lease for 232K SF at Durst’s One Five One
Social media giant Tik Tok recently signed a 10-year lease for 232,000 square feet of Midtown Manhattan office space at the Durst Organization’s One Five One, previously known as Four Times Square or the Condé Nast Building. The terms of the deal were not disclosed. Tik Tok will take over seven floors in the 48-story…
How COVID-19 Is Affecting Commercial Landlords & Tenants
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. The pandemic has upended the lives…
Commercial Real Estate – Fundamental Terms
What is commercial real estate? Commercial real estate (CRE) refers to properties meant to generate income. These properties are places where companies conduct business, with the notable exception of multifamily properties and buildings designated for hospitality, which provide living space for residents. Investors typically own the building (or a percentage thereof) and collect rent from…
Round-Up: May 2020’s Notable Office Deals & Leases
Two months after the COVID-19 pandemic placed nearly all industries on hold, many financial markets are slowly restarting. In particular, several major office deals took place in May, proving that the situation in commercial real estate is starting to thaw. Here are the six most significant office deals and leases that took place this month….
Uncertain Times Call for Reliable Data
Vince Soriero, business development manager and corporate sales lead, shares his insight on leveraging PropertyShark’s real estate data in volatile markets.
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