According to year end data produced by Cushman & Wakefield, Midtown South, Midtown proper and Downtown boast three of the top four markets with the lowest vacancy rate in the country. Midtown South, which starts at 34th St and includes areas such as the Garment District and Murray Hill extends up into the lower 40s, [...]

As most of you in the NYC area know, FreshDirect is a virtual grocery store that started over 10 years ago focusing its business in Manhattan. The idea was to capitalize on a market that relied heavily on delivery for so many things but especially food! Though there were numerous grocery stores located throughout the [...]

OK, the Colts season didn’t exactly go as planned. Peyton Manning didn’t play one snap, the team faltered right out of the gate and a promising road to a “home game” in the Super Bowl has turned out to be anything but that. Peyton was missing in action and it proved how he could actually [...]

Many of you showed a strong interest in the entry about the announcement the Jehovah’s Witnesses made regarding the sale of some of their properties in Brooklyn Heights so I thought I’d keep you updated as things progress. 50 Orange Street (click here to view), a five story building with 20 residential units, was sold [...]

511-523 Commack Road is an industrial flex building located on a primary road with great visibility in Deer Park, NY. Over the last five years the area has gone through a number of improvements making Commack Road an excellent destination point for all types of commercial opportunities. In addition to the local improvements, Commack Road [...]

After a strong start for office leasing in 2011, activity dropped off towards the end of this summer and into the fall. However, with the closing of several long awaited deals in the city, leasing activity has rebounded indicating that 2011 will produce a stronger showing in the office sector than 2010. Last month’s activity [...]

An interesting trend developed in the last six months of this year as life insurance companies have come to play a bigger role in the commercial mortgage market. Huh? I’m sure some of you have noticed that it has not been so easy these days to secure a commercial loan. It’s not surprising considering the [...]

The development of Brooklyn Bridge Park, starting just south of the Brooklyn Bridge, has been a wonder to watch unfold. Similar to the development of the High Line Park on the West Side of New York City, the park was designed with numerous attributes in mind; amazing skyline views, multiple areas for various types of [...]

600 West John Street is an industrial flex building located in Hicksville, NY, a prime Nassau County located for both office and industrial tenants. Situated just minutes from the Northern State Parkway and the Long Island Expressway as well as the LIRR (Hicksville Sta.), 600 West John Street is an ideal location featuring a large [...]

From all of us at CBC REalta Group, we would like to wish you a wonderful holiday season and a new year of health and happiness. Best of times to you and your family.