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The popularity of commercial real estate leasing

If you have spent any time living in or visiting the New York City area, you know one thing to be true: There are many types of real estate. This includes commercial properties, all of which give companies the opportunity to do business.

Landlords, tenants, and commercial real estate

Commercial real estate property is always trading hands in the New York City area. Along with this, landlords and tenants work together on a large scale, with most realizing the importance of respecting the other and agreeing to a mutually beneficial business relationship.

Top brand snags cheap retail space

No matter if you are buying or renting, when it comes to the New York City real estate market most people expect to pay a high price. This does not mean that it is impossible to find a deal. This theory was recently proven true by the retailer, Brandy Melville. The apparel brand was able to snag a lease at 499 Broadway, a top location in SoHo, under $400 per square foot.

Bank of New York Mellon could be leaving New York

For more than 200 years, Bank of New York Mellon has had a large presence in New York City. While the financial company has grown leaps and bounds since day one, it is stayed true to its roots in the Big Apple. However, it appears that this may not be the case for much longer. According to recent reports, there is talk that Bank of New York Mellon could move its headquarters to neighboring New Jersey.

New York commercial real estate deal fetches big number

When it comes to the New York City real estate market, there is no denying the fact that opportunities always exist. This holds true in many sectors, including both residential and commercial properties.

Commercial real estate market slowing improving

From New York to California and everywhere in between, the commercial real estate market is slowly picking up the pace. While things may not be moving forward as quickly as many would like, any positive change from the past will be welcomed by most.

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