Central Business Districts vs. Urban vs. Suburban: Breaking Down 10 Years of Office Expansion in the US
Between 2008 and 2018, the U.S. expanded its office footprint by 682 million square feet, 370 million of which have been added in the top…
New York: The Most Popular Place to Live for Baby Boomers
While the suburbs are usually known for their family-friendly environment, they are not the preferred living option for Baby Boomers. In fact, according to a…
Four California Cities Have Some of the Highest Shares of Renters Over 60 in the Top 30 Largest U.S. Cities
While many seniors still choose to own a home rather than rent it, there are still some who find renting the more comfortable option. A…
What are Office Building Classes?
Office building classes help commercial real estate investors, tenants, and brokers compare properties in the same market, which helps justify asking rents and asset pricing.…
Working from Home or Staying in the Office?
With email and chat, video conferences and whiteboards, a growing freelance workforce, and countless cloud-based collaboration tools, it’s easy to conclude that working from home…
Top Tech Companies Taking Manhattan Office Space in 2019
Tech companies are seemingly everywhere gobbling up major chunks of office space, especially in NYC’s most densely populated borough, Manhattan. Some of the companies making…
Why Landlords Should Consider Continuous Operations Clauses
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…
Top 5 US Cities for Self-Storage Facility Construction Right Now
The self-storage industry has been experiencing declining street rates in recent times, but there remains an enthusiasm for building storage facilities. With investors still seeing the industry…
Brooklyn Property Worth Nearly $3 Million Heads to Auction with $234K Lien
A 5,734-square-foot, two-family brick property located in Borough Park, Brooklyn, is scheduled for auction on December 19, 2019, with a lien of $234,061. The auction…
Yardi Matrix Special Report: Coworking Grows Steadily, NYC Leads the Way
In October, Yardi Matrix released its latest special report, “Shared Space: Coworking’s Rapid Growth Set to be Tested.” According to the findings, the coworking segment…
The Different Types Of Office Leases
Commercial office space is normally leased for terms of 5, 10, 15 years, and sometimes more. So, it’s important for business owners to understand the…
Top 25 Most Expensive Chicago Area Zip Codes in 2019
Key Takeaways: Kenilworth’s 60043 leads as the only zip with a median greater than $1 million. Chicago’s priciest zip code is The Loop’s 60603 at…
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