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1. • • New York City, the epicenter of commerce and culture, is a global hub for commercial real estate in nyc. From towering skyscrapers in Manhattan to bustling neighborhoods in the outer boroughs, the city’s real estate market is both complex and dynamic.
     citadelnyc.com/blog/9-things-you-need-to-know-about-commercial-real-estate-in-nyc/

     9 Things You Need to Know About Commercial Real Estate in NYC

2. People also ask

   How will New York City's commercial real estate market perform in 2024?

   • This trend is evident in the drop in coworking spaces in Manhattan, which saw an 11% decrease between 2022 and Q3 2023. Even major tenants like JPMorgan Chase have reduced their commercial footprint by 400,000 square feet in 2023. A major positive for the 2024 commercial real estate outlook is New York City’s retail sector.

   2024 Commercial Real Estate Outlook: Making Sense of the Future

   www.metro-manhattan.com/blog/making-sense-of-the-future-the-2024-commercial-real-estate-outlook/

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   What does CBRE do in New York City?

   • Our operations in New York City serve the diverse needs of property owners, corporate users and institutions. For more than a quarter century, CBRE has been the leader in commercial real estate across the metro New York marketplace.

   New York City Commercial Real Estate - CBRE

   www.cbre.com/offices/corporate/new-york-city

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   What is the 2024 commercial real estate outlook?

   • Before diving into the 2024 commercial real estate outlook, let’s first assess the market’s current state and its distinct trends across various sectors: In the office real estate sector, there’s an uptick in occupancy levels, suggesting a rebound from the pandemic’s impact.

   2024 Commercial Real Estate Outlook: Making Sense of the Future

   www.metro-manhattan.com/blog/making-sense-of-the-future-the-2024-commercial-real-estate-outlook/

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   Why is technology important in commercial real estate?

   • The commercial real estate industry is also encountering the need for technology upgrades and managing legacy systems. As the industry evolves, there’s a growing demand for integrating modern technology solutions to enhance efficiency, data analysis, and overall operations.

   2024 Commercial Real Estate Outlook: Making Sense of the Future

   www.metro-manhattan.com/blog/making-sense-of-the-future-the-2024-commercial-real-estate-outlook/

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   Is 2024 a good year for commercial real estate?

   • 2024 is here, and the commercial real estate scene sees renewed activity and potential shifts, especially after the pandemic era’s rollercoaster ride. Office buildings are the busiest they’ve been since early 2020, trendy Fifth and Madison Avenues stores are alive with activity, and restaurants are filling up again.

   2024 Commercial Real Estate Outlook: Making Sense of the Future

   www.metro-manhattan.com/blog/making-sense-of-the-future-the-2024-commercial-real-estate-outlook/

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   How will a slowdown affect commercial real estate?

   • For instance, expense mitigation is a top priority for many real estate professionals, with some expecting revenues to hit their lowest levels since 2018. Additionally, CBRE predicts a slowdown in the U.S. economy, which could influence commercial real estate through tighter bank lending practices.

   2024 Commercial Real Estate Outlook: Making Sense of the Future

   www.metro-manhattan.com/blog/making-sense-of-the-future-the-2024-commercial-real-estate-outlook/

   See all results for this question

3. www.forbes.com › sites › shimonshkuryThree Trends Impacting New York City Commercial Real Estate

   www.forbes.com › sites › shimonshkury

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   Aug 11, 2023 · Tenant behavior in the office market, regulation in multifamily and higher interest rates contributed to a 43% drop in NYC investment sales to $12.8B in 1H 2023.

4. Videos

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     State of NYC commercial real estate

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     NYC commercial real estate

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     New York City's commercial real estate market far from being in crisis

     7 Apr 2022

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5. www.cushmanwakefield.com › en › united-statesNew York CIty Area MarketBeats | US | Cushman & Wakefield

   www.cushmanwakefield.com › en › united-states

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   Oct 9, 2024 · Cushman & Wakefield New York MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. Learn more about our local markets and property types by clicking our most recent New York MarketBeat reports below.

   • Author: Lori Albert
   • Occupation: Director, Tri-State Research Services

   • Location: 225 West Wacker, Chicago, 60606, IL

6. www.metro-manhattan.com › blog › making-sense-of-theMaking Sense of the Future: The 2024 Commercial Real Estate ...

   www.metro-manhattan.com › blog › making-sense-of-the

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   Jan 2, 2024 · For 2024, the approach should revolve around staying alert, thinking ahead, and making smart moves. Explore New York City's 2024 commercial real estate outlook here: a mix of optimism and strategy in a recovering market.

   • Author: Bobby Samuels

7. business.columbia.edu › insights › finance-economicsReimagining the Future of New York City Real Estate

   business.columbia.edu › insights › finance-economics

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   Jan 31, 2024 · The state of New York City's commercial real estate industry was forever changed by the COVID-19 pandemic. The growing trend of remote and hybrid work has severely reduced office space occupancy, to approximately 40 percent of pre-pandemic levels, according to commercial real estate leasing data.

8. www.crexi.com › blog › the-new-york-city-commercialThe New York City Commercial Real Estate Market - Crexi.com

   www.crexi.com › blog › the-new-york-city-commercial

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   Oct 26, 2023 · Crexi connects commercial real estate professionals in New York City and the broader Tri-State Area with the tools they need to transact and thrive. Buyers, tenants, and investors nationwide are steadily returning to the capital-intensive New York City market, excited by the plentiful growth potential.

9. www.cbre.com › offices › corporateNew York City Commercial Real Estate | CBRE

   www.cbre.com › offices › corporate

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   CBRE has been the leader in commercial real estate in the metropolitan New York marketplace for more than a quarter century. Our operations in New York City serve the diverse needs of property owners, corporate users and institutions.