Retail Vacancies Because there’s a fairly high retail property vacancy rate (just walking down the streets of Manhattan, you see many “for rent” signs on stores), I don’t think rental rates for retail property will rise. I believe the fairly low level of demand for...
In the Retail Market? Time to Rent or Buy? We are currently representing a buyer who’s in the market for a commercial building, condominium or cooperative. As I’ve been scouring the market, I’ve noticed that sale prices have increased dramatically over the past year....
Interest Rates: Too Low for Too Long Recently, there was an article in Bloomberg News entitled Negative Rates Hit Global Shipping Market. The article details remarks from Nils Smedegaard Andersen, CEO of shipping giant A.P. Moeller-Maersk (“Maersk”). Andersen makes a...
