Commercial Vacancy Rate by New York City Council District Licensed NYC Businesses Were Here Beloved small businesses and grassroots cultural spaces in NYC are shuttered with high rents. Landlords are pushing out long time tenants in the hopes of getting new, high paying tenants. Storefronts are ke...
We specialize in commercial retail and office space for lease in Manhattan, NYC medical offices rentals and sublets. Commercial real estate sales.
NAR's chief economist, Lawrence Yun, points out that signs of stabilization are due to an increased demand for commercial space. Not surprisingly, New York City has one of the lowest vacancy rates. Honolulu is in the same position. Both cities have vacancy rates near 9% while other office ...
you are not alone. Our guide to renting in NYC shares everything you need to know about the ins and outs of renting, from how much rent you can afford to tips for breaking a lease (hey, it happens!). Other topics covered in this guide ...
it has not experienced a pricing boom similar to other markets around the country. The macros of the market are different here with no to little tourism, lack of foreign students and buyers, a badly hurt commercial office sector, a retail sector that is still rebounding and an incredibly hot...
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The lender will look at the building’s financials, vacancy rate, the split between rentals and owner-occupied units, and the amount of commercial space. In addition, you need to pass muster with the board for a co-op, which can be strict, Elika added....