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Commercial Real Estate Archives

Zoning matters when you want to run a business

If you're interested in purchasing a property for your business, one of the things you need to be certain of is which type of zoning the property falls under. If you want a business, an area zoned for single-family homes and residences won't help you. The same is true if you're interested in living in a property but purchase a property zoned only for commercial use.

With the real-estate market at its peak, it's not time to buy

If you're interested in buying commercial real estate then you should know about the current state of real estate in New York. At the moment, real estate has come to a head with extremely high prices. Since prices have peaked, meaning that prices now are as high as they are likely to go, and they may even begin to dip. If you buy now, you could end up spending more than if you wait a short time before you invest.

Yes, you can negotiate a commercial lease

When you want to rent commercial real estate, you need to understand how to negotiate a lease. Commercial leases do not have a standard agreement, so it's a good idea to have your attorney look over any agreement you want to sign. Additionally, you may be able to get a number of concessions from the landlord if you take the time to negotiate the lease.

Consider these questions when you want to lease a restaurant

If you've always wanted to run your own restaurant, one way you could do it is by leasing a restaurant that is already empty and ready for use. If you don't have a lot of cash to start with, this is a good option. There are several benefits to leasing a restaurant space, including not having to worry about a mortgage and potentially not having utility costs or other expenses to consider.

Is New York City's diner culture dying?

Manhattan has long been known for its diners. Even people who have never lived or visited here likely know the infamous Monk's Cafe from the classic show Seinfeld. However, this year has seen the demise of a number of diners, some of them classics, that have been in business for decades.

New York leads in foreign commercial real estate investment

According to real estate broker Cushman & Wakefield, New York City has regained its spot as the most sought-after city for commercial real estate investment and development by foreign entities. New York dethroned London, which previously held the top spot.

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