The biggest news as of this quarter is Dolce & Gabbana leased 695 Madison Ave. which was the former Hermes store at the Northeast corner of Madison and 62
nd St. which houses 23,000 s/f. Hermes left last year to expand to
As I’m writing this article, the Trump Organization civil case is in the midst of being tried in New York State Supreme Court in Manhattan. Much of the discussion happens to be about over valuation or under valuation of
Uncertainty and concerns about the New York commercial real estate market abound. Office vacancy rates are at close-to if not at all-time highs. The pandemic-induced work-from-home mode has become the new reality and interest rates have seen a steep surge to levels not seen in many years. Each of these situations alone is a challenge but together
In a groundbreaking move, the New York City Department of City Planning has unveiled a comprehensive plan titled “City of Yes for Housing Opportunity.” This ambitious document proposes significant amendments to the
For far too long “industrial” parks have unfairly held a bad reputation. When people traditionally think about business parks, more often than not, they are viewed less as assets of a community and rather more as eyesores
Currently, the commercial real estate structured finance market is finding its footing. This is primarily due to the increase in interest rates, pull back of bank financing, and Federal bank policy. Much of the real estate financing
Fall is in the air, but I suspect there could be a deep arctic chill in mid-January when 2024/25 New York City real estate tax assessments are released. A tax assessment storm of sorts is coming together to potentially wreak havoc on
Check out NYREJ's Contributing Author's Spotlight!
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Craig Deitelzweig manages 5 million s/f of commercial office, retail and residential space and oversees development, construction, leasing and property management. His vision for future-proofing the office and retail sectors provided office and retail tenants with holistic sensory experiences before they even knew they wanted or needed them
Anthony plays a critical role in supporting the Bronx commercial real estate sector as it continues to shape and define the borough where he grew up. Anthony’s passion for economic development and deep roots in the community have helped drive a diverse range of projects key to the area’s growth.
