NYC Plaza District Closes Year With Largest Average Sale Price per Square Foot & $1.5B in Office Sales
Even in a slow sales year, these office submarkets attracted top-dollar investment.
Manhattan Leads U.S. in Office Mortgage Maturities
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.
New York City Mayor Adams’ Zoning Change Proposal to Boost Housing Supply
NYC Mayor Eric Adams unveiled the “City of Yes for Housing Opportunity” proposal to address the escalating housing crisis in New York City.
GM Building Continues to Top List of U.S. Properties with Highest Taxes
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.
Cambridge, Mass., Maintains Title as Most Expensive Office Submarket
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
Since shutdowns will continue to be used to combat pandemics, landlords and tenants need to prepare to negotiate provisions related to such events.
Yardi Launches CoworkingCafe.com, Creating End-to-End Solution for Flex Space Operators & Owners
Real estate tech innovator Yardi has further expanded into the flex space market with the…
Manhattan Dominates List of Office Properties with Highest Taxes
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.
Life Sciences Boom Propels Cambridge, Mass., to 2021’s Most Expensive Office Submarket by Average Sale Price
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.
Hotel Conversions: Striking the Right Balance Between the Public Sector & Private Developers
Increase in hotel-to-multifamily conversions becomes one of the best unintended consequences of the pandemic for the real estate industry.
Innovatus Capital Partners Acquires 5-Story San Diego Office Building
Innovatus Capital Partners, a New York City-based portfolio management firm, recently announced the purchase of…
Yardi Expands CRE Suite with Newly Revamped Marketplace 42Floors.com
Real estate tech giant Yardi further expands its growing CRE network with the acquisition & redesign of popular platform 42Floors.com.
PropertyShark Wins Tech Platform of the Year at 2021 RED Awards
The NYC-based real estate data and research platform picked up the highest recognition in the technology category at the Red Awards gala.
NYC Multifamily Sales Volume Down 62% in Q1 as Slumping Rents & High Vacancy Rates Exacerbate Prior Slowdown
For the NYC multifamily sector, the downturn brought on by the pandemic was just another hit to an already cooled-down market.
The 50 Most Expensive Submarkets for Office Space in Q4 2020
A recent study highlighted the 50 most expensive submarkets for office space, finding that most are concentrated in select markets in California and New York.
6 Steps to Becoming a Commercial Real Estate Agent
Are you interested in becoming a thriving real estate agent? If so, the first thing…
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.
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.
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.
Transwestern Closes Deal on Former American Airlines HQ
Transwestern Real Estate Services announced that it brokered the sale of a campus spanning 1.4…
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