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Sunday Summary: Save Us, Super Brokers! – Commercial Observer

Where have all the super brokers gone? Jerome Powell eases our fears on rates. Big financings and sales. And more from the world of CRE

San diegoUnited statesMarket squareDistrict of columbiaNew yorkLos angelesPeter riguardiRachel jinichJerome powellCushman wakefieldLisa pendergastDarcy stacomFrank gehryKara mcshaneMichelle herrickBob knakal

Desperate office owners are using this conversion trick to make deals

Creating office condos within a property allows the building to be sold one floor at a time, creating more value but also may take more time.

New yorkUnited statesRudder property groupSmall business administrationMichael rudder of property groupMichael rudderRudder propertyAdelaide polsinelliNew york stateReal estateCommercial real estateOffice space

NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates

High interest rates, crippling regulations and large vacancies caused by work-from-home and pandemic downsizing are to blame.

South koreaNew yorkUnited statesRobert millerPeter brausAndrew scandaliosBob knakalRichard colesDoug harmonJames nelsonAnthony malkinChris ozerRob gilmanGreg krautMichael cohenAvison young

Organized Retail Theft Figures Might Have Been Way Off

But try telling that to retailers and law enforcement.

United statesLos angelesWashington square parkNew yorkLos angeles countySanta monicaEast harlemSan franciscoSan francisco bayUnion square parkBeverly hillsChuck grassleyScott glennJose perezBrendan duganAugust pfluger

NYC s Commercial Brokers and Owners Look Back on a Terrible 2023 – Commercial Observer

New York City's office leasing and investment sales markets have declined significantly this year. Everyone is hoping for a better 2024.

New yorkUnited statesLong island cityHerald squareNew yorkerStephen preussMark weissJerome powellDoug steinerFrank wallachSteve soutendijkMiller samuelJonathan kaufman igerDonald capocciaDouglas ellimanHal fetner

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