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As the national retail property sector continues to face challenges nationwide as the recession takes hold, New York City retail conditions are expected to remain stronger in 2009. The Wall [...]

Even with its large renter population and steady apartment fundamentals, many other aspects of the Brooklyn market seem assured of receiving considerable attention in the months and years ahead. For [...]

The New York metro's largest decline in retail sales on record is creating hardships for Brooklyn retailers and property owners. Vacancy in the borough continues to climb toward the double [...]

While job losses are eroding consumer confidence and discouraging retail spending, pockets of strength exist within the Brooklyn retail market. The proliferation of new residential developments with ground-floor retail in [...]

The effects of Wall Street's contraction continue to spread throughout New York City, as drastic reductions in the investment banking industry are beginning to affect other office-using sectors. Tenant demand [...]

As businesses cut spending and payrolls, office space needs will continue to slide. Further cutbacks in the financial sector, in particular, pushed office vacancy to an estimated 15% in 2008, [...]

Job losses have slowed household creation and tightened consumers' budgets citywide. Fortunately for apartment operating fundamentals, the economic downturn has translated into increased renter demand in Brooklyn. The borough's relatively [...]

It was only a few quarters ago that the short commute to the Financial District helped generate new housing demand in Brooklyn. Now, the greater reliance of building owners on [...]

While the near-term outlook for Brooklyn office fundamentals is mixed, the longer-term view offers interesting possibilities. Specifically, residential development in Brooklyn has gradually transformed the local worker profile, making the [...]

Significant changes under way in Brooklyn are transforming the retail property market. Vacancy in retail properties remains in the low-5% range, although the rate may increase in the near term [...]

With job growth easing and the possibility of job losses rising, the wheels of change are turning more slowly in Brooklyn thus far in 2008. Vacancy in the borough remains [...]

Despite a decline in commercial real estate transaction velocity throughout New York City's five boroughs in the wake of the summer 2007 capital markets crisis, there has not been a [...]

Housing demand in Brooklyn remains vigorous due to a strong local economy and a rapidly changing perception of New York City's most populous borough as a desirable and relatively affordable [...]

A vigorous local economy will continue to stoke demand for housing in Brooklyn, the most populous borough in New York City at approximately 2.5 million residents. The borough has 613,000 [...]