New York

37% of the portfolio consists of rent-controlled units.

Major CRE challenges, including supply chain and climate change, call for a combination of alternative and traditional risk assessments, says Moody's Analytics.

"I would advise any young person looking to begin a career in CRE to look for a mentor who has already established themselves and be their shadow," says Christopher Okada, CEO and founder of Okada & Co.

Columbia Property Trust's newly-constructed Union Square office building is now 70% leased to four tenants.

Brokers expressed concern over a delayed return to office as well as quality of life issues.

Even though soundstage footage grew 14% since Q1 2021, production companies can demand 5- to 10-year leases.

The global financial services group will occupy 220,000 square feet in late 2024.

Investment sales, demand and overall fundamentals are notching big gains.