Intelligence

Commercial Real Estate INSIGHTS

Coldwell Banker Commercial® is a unique force in the real estate industry commanding a global presence, a local power and backed by one of the most respected names in the industry. We pair our expertise of market dynamics with a wide range of brokerage services including sales, tenant representation, leasing, property management, mergers and acquisitions across a wide array of property segments and specialties from retail, office, industrial and self-storage businesses to agriculture, land and student housing.

Find the information you need to make informed commercial real estate decisions with up-to-date insights and the latest commercial real estate news. Our Coldwell Banker Commercial brokerage professionals provide invaluable, game-changing advice for businesses, identify real estate opportunities that others might overlook and offer creative solutions and sound business sense in an ever-changing environment. For more information, contact one of our specialists today.

COLDWELL BANKER COMMERCIAL® REPORTS

Insights: Land Sales Trends

Insights: Land Sales Trends

The U.S. economy entered a recession in February, 2020, per the National Bureau of Economic Research. Commercial real estate development typically slows during a recession because developers do not want to incur the holding costs of land parcels if there is not an expected demand for new product.

Insights: Student Housing 2020

Insights: Student Housing 2020

The main uncertainty in the student housing sector is COVID-19’s impact on the 2020-2021 school year’s leasing. There is a variety of factors which make the student housing occupancy outlook uncertain.

COLDWELL BANKER COMMERCIAL® REPORTS

Insights: Landlord Employer Liability

Insights: Landlord Employer Liability

The ongoing coronavirus pandemic raises the question of whether landlords with leased properties can be held liable for injuries sustained when someone contracts COVID-19 at the premises.

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

Regional Summaries

Select a state to view available market snapshots

New York, NY

Apartment
New York City's 219,294-unit market-rate, investment-grade apartment market is only the 13th largest among Reis markets, because it accounts for such a small share of the overall rental inventory. Reis reports a vacancy rate of 4.5% for the second quarter of 2019, up 30 basis points from the prior quarter but down 10 basis points year-over-year. The pace of increase in New York City's average market-rate rent has slowed after the large increases recorded over two decades from 1996 to 2015. The second quarter 2019 increase was 1.7% by both measures, to $3,783 per month asking and $3,601 per month effective. VIEW APARTMENT LISTINGS >
Office
The 363-million-square-foot Manhattan general purpose, multi-tenant office market is the strongest in the nation, with the lowest vacancy rate and the highest asking rent among all Reis markets. Reis reports a vacancy rate of 8.1% in Manhattan in the second quarter of 2019, down 10 basis points for the period and down 20 year-over-year. During the second quarter both the average asking rent and the average effective rent increased 0.5%, to $74.06 psf and $61.44 psf, respectively. The year-over-year gains are 1.5% asking and 1.7% effective. VIEW OFFICE LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.

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