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October Commercial Real Estate Roundup

 

The COVID pandemic is still sending shock waves through the commercial real estate sector in New York as each new month seems to usher in adaptations and hastened responses to the city’s worsening vacancy rates. It can be hard to keep up with the latest news, so we’ve gathered together a few of what we consider to be need-to-read news items. 

It’s important to note that while this is a difficult time for many commercial renters, if your business is fortunate enough to be COVID-proof or only indirectly impacted, this can be a time when bargains on formerly in-demand spaces abound. Reach out if you’re looking for a new space or are considering upgrading. As we mentioned last month, this is especially important for you if you’re sharing a space (whether that be retail or maker/art space). This is a great time to upgrade and get more for your money.



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