Commercial Real Estate

NYC skyline seen from modern empty office

Meeting Rooms to Living Rooms: How Feasible Are Office-to-Residential Conversions in NYC?

By Eliza Theiss | Dec 11, 2024

Central Midtown, the Garment District and NoMad dominate NYC’s office conversion landscape, holding 30M of the city’s 85M sq. ft. of prime convertible office space.

illustration: people in suits shaking hands over condo building model

Introduction to Condominium Offering Plans

By Eliza Theiss | May 13, 2024

Condominium offering plans are a prerequisite for the public offering or sales of condominiums and must be approved by the Department of Law.

skyline cityscape of manhattan midtown east as seen from the hudson river

NYC Plaza District Closes Year With Largest Average Sale Price per Square Foot & $1.5B in Office Sales

By Ioana Ginsac | Mar 8, 2024

Even in a slow sales year, these office submarkets attracted top-dollar investment.

Reflection on the Year 2023 in Real Estate

By Eliza Theiss | Feb 8, 2024

2023 was marked by some notable developments in real estate that should set the stage for an intriguing 2024 and beyond.

5 Types of Businesses That Can Leverage Self Storage to Maximize Space

By Eliza Theiss | Jan 25, 2024

Businesses increasingly use self storage, renting extra space for stock, equipment, paperwork and much more. The flexibility of this service lets freelancers, entrepreneurs and large…

Manhattan Leads U.S. in Office Mortgage Maturities 

By Evelyn Jozsa | Dec 5, 2023

A significant 32.5% of Manhattan’s total office mortgage volume — which amounts to $56.7 billion — is set to mature by the end of 2026.

Top office taxes 2022

GM Building Continues to Top List of U.S. Properties with Highest Taxes

By Diana Sabau | May 2, 2023

We’ve drawn on PropertyShark and CommercialEdge data, along with public record sources, to compile an up-to-date list of the office assets with the most substantial tax bills.

After Frenzied 2022, NYC Multifamily Market Slows to Early 2020 Pace

By Eliza Theiss | Apr 12, 2023

2023 began with both the number of sales and the volume of sales in NYC’s multifamily sector more in line with the first quarter of 2020.

Cambridge, MA, the most expensive submarket for office space last year

Cambridge, Mass., Maintains Title as Most Expensive Office Submarket

By Lucian Alixandrescu | Mar 8, 2023

For the second year in a row, Cambridge, Mass., in the Boston metro was the most expensive office space location, with the top 100 being dominated by California with a third of all entries.

8 Leasing Options to Consider in the Post-COVID Era

By Eliza Theiss | Dec 6, 2022

Since shutdowns will continue to be used to combat pandemics, landlords and tenants need to prepare to negotiate provisions related to such events.

Legal Effects of COVID-19 on NYC Commercial Leases

By Eliza Theiss | Nov 4, 2022

Even after the substantial effect that COVID-19 had on the economy, governments have not publicly changed their stance on how to handle such situations.

WeWork Workplace: The End-to-End Platform for Space Management & Employee Experience

By PropertyShark Staff | Aug 2, 2022

Yardi and WeWork create end-to-end workplace management and employee experience software for office occupiers shifting towards flexible work.

8 of the Best Coworking Spaces in San Jose

By Eliza Theiss | Jul 15, 2022

Discover some of the best coworking communities at the heart of Silicon Valley! The rise of flexible office space makes San Jose one of the most active markets in the country.

11 of the Best Coworking Spaces in Miami

By Eliza Theiss | Jul 15, 2022

Magic City offers one of the most abundant flexible space markets: coworking space in Miami accounts for more than 3% of local office space, and is poised for further expansion still.

Los Angeles Top Home Sales in 2017

11 Top Coworking Spaces in Los Angeles

By Eliza Theiss | Jul 15, 2022

Los Angeles awaits with millions of square feet of flexible workspace, home to some of the most diverse innovative communities in the country.

Office buildings in Boston, Mass.

9 of the Best Coworking Spaces in Boston

By Eliza Theiss | Jul 15, 2022

Boston office and coworking spaces offer a wide variety of services and membership perks, in one of the most historically rich and innovative markets in the country.

Manhattan Dominates List of Office Properties with Highest Taxes

By Lucian Alixandrescu | Jun 22, 2022

Office properties commonly net some of the highest property taxes in the nation. In 2021, Manhattan dominated the list of office buildings that paid the most taxes with 82 out of 100 entries.

How Will New York City Be Affected By The 2019 Climate Mobilization Act?

By Eliza Theiss | Jun 20, 2022

Setting annual emission standards by building square footage, Local Law 97 requires owners reduce energy usage with energy efficient upgrades.

Self Storage Development Surges in Undersupplied NYC & LA,  and in Trending DFW & Phoenix

By Eliza Theiss | May 30, 2022

Nationwide more than 131MSF of new storage space is currently in the pipeline, set to increase the existing 1.6BSF inventory by 9%.

Life Sciences Boom Propels Cambridge, Mass., to 2021’s Most Expensive Office Submarket by Average Sale Price

By Lucian Alixandrescu | Mar 14, 2022

Cambridge, Mass., overtook top destinations in California and New York City to become 2021’s most expensive submarket for office space. The boom experienced by the life sciences sector in recent years has likely contributed to this development, as several high-profile office sales in the Boston metro were tied to life sciences landlords.

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