by Matthew Astrachan | May 12, 2016 | Commercial Real Estate, New York Real Estate
You may not have thought Sunset Park West in Brooklyn is anything special when you drive down its residential streets with colorful row houses, but this growing area may soon be one of New York’s hottest neighborhoods. There’s not a Starbucks to be found — or even a...
by Matthew Astrachan | May 3, 2016 | Blog, New York Real Estate, Real Estate
In Long Island City, they prefer Pepsi-Cola — at least one would assume so from the large sign standing watch over the waterfront. The long recognizable icon to tourists and a source of pride for Queens residents will be inducted as an official New York...
by Matthew Astrachan | Apr 11, 2016 | Blog, Commercial Real Estate
This week, we’re shifting away from New York City and moving Southwest to Houston, and the oil industry. As we go into 2016, the energy industry’s impact on commercial real estate is more acute than some would think. Because energy, specifically crude oil, is cheaper...
by Matthew Astrachan | Mar 29, 2016 | Blog, Commercial Real Estate
Experts report that 2016 will look much like 2015 in the economic and employment sector with the biggest difference being continued growth in the commercial real estate industry. With unemployment expected to fall 5% early this year, the demand for more housing,...
by Matthew Astrachan | Mar 7, 2016 | Blog, Commercial Real Estate
The question of whether malls are in or out in Manhattan has been hotly contested since Brookfield Place, a luxury mall in downtown Manhattan, sprung up directly across from Ground Zero. Even as a Real Estate investor, I can relate to both sides of this argument,...
by Matthew Astrachan | Mar 2, 2016 | Blog, Commercial Real Estate
With China’s stock market steadily plummeting and the overall value of the yuan dropping right along with it, many of the country’s investors are turning their attention, along with their business deals, overseas to the U.S. real estate market. Originally starting...
by Matthew Astrachan | Feb 29, 2016 | Blog, Commercial Real Estate
With new surveys finding an increasing percentage of millennials choosing to live in the suburbs rather than the city, the commercial real estate market is shifting to accommodate an updated version of an old American dream. While the generation that came of age in...
by Matthew Astrachan | Dec 31, 2015 | Blog, Commercial Real Estate
New York City is commonly known as one of the most expensive places to live in the country, with rents topping $3,000 for a one-bedroom in some areas. While its residents often have incomes to match, there have been efforts to create affordable housing options for...
by Matthew Astrachan | Nov 27, 2015 | Commercial Real Estate
For all of the peace, quiet, seclusion, and cheap office space that suburban America offers, corporations and companies have always clung to the need to have offices within major cities. Of course, they don’t get any more major than Manhattan. The trouble is that real...
by Matthew Astrachan | Oct 26, 2015 | Blog, Commercial Real Estate
What people think about Queens has shifted in recent years as evidenced by the boom in construction. Developers are bringing their vision to the vibrant neighborhoods of the largest borough, making it a “hip” destination for tourists and local New Yorkers alike....
