GE Grace & Company, Inc.

https://www.youtube.com/watch?v=5DDP5pyZdGs Jeffrey Margolis, New York real estate attorney, has been busy with "unleasing". Many tenants are rethinking their real estate space situation as the pandemic persists. There are some solutions to help tenants. It is imperative to contact a real estate expert to help on these negotiations. Contact GE Grace at [email protected] or call 646 312 6800.

https://www.nydailynews.com//ny-covid-commercial-real-esta Real estate experts agree the speedy distribution of the Covid-19 vaccine is essential for commercial real estate and the economic recovery of the city. Without a vaccine employers will be hesitant to bring back employees, leaving the city in its empty shell state that it currently resembles. Jonathan Miller, co-founder of real estate firm Miller Samuel, Inc. believes there is going to be a "price discovery" period... for commercial real estate. Prices will drop low enough to pull tenants in. Lower prices due to excess space means smaller firms will have a chance to get into New York's office space economically. Now is a great time to see space and capture your island of peace and prosperity in the maelstrom we are hoping Manhattan will become once again. It is a tenant's market. Contact GE Grace at 646 312 6800 or email [email protected].

https://commercialobserver.com//meal-delivery-service-fre/ Freshly, the prepared meal delivery service, has moved its offices to 28 East 28th street. The company acquired 92,000 square feet of space for a 12.5 year period. Freshly plans to move into the space in the summer of 2021. Freshly is owned by Nestle. ... Companies that cater to consumer convenience, like Freshly, are growing. Contact GE Grace to get ahead of curve.

https://commercialobserver.com//nycs-industrial-market-do/ According to a CBRE report, industrial space has had a robust 2020. E-commerce firms have grown due to the pandemic. Firms acquired New York's most desirable warehouse space. The third quarter of 2020 saw a 71% increase in the signing of industrial space compared to the same time quarter of 2019. It slowed ~18% in the 4th quarter from 2019. We expect the general uptrend to continue.... Call us at 646-312-6800 or email [email protected] for more information.

https://www.foxbusiness.com//new-york-empty-commercial-rea Rapid Covid-19 testing sites are being placed in vacant retail space and commercial buildings. The REBNY is working to expand this effort, and offering free space for this testing as they believe it will help speed the economic recovery for New York. Much of the vacant space being used was once home to major retailers. ... This may prove to be a step in the right direction if we can curb the pandemic and get our economy back on track. Contact GE Grace with any real estate questions. Call us at 646 312 6800 or email [email protected].