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Commercial rent

In Shanghai, vacant storefronts abound, but it's still a struggle to find space

by Jennifer Pak
Jan 9, 2024
China's housing bubble has popped, and the commercial property market is going through a rough patch.
For lease signs are posted on an empty Shanghai coffee shop. The commercial property market is going through a transition after the city's severe pandemic lockdown.
Charles Zhang/Marketplace
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COVID-19

Some NYC businesses are trying to negotiate for lower rent

by Camille Petersen
Nov 16, 2020
With pandemic restrictions still cutting into revenues, some business owners say they need a break on commercial rent. But not all landlords are willing to negotiate.
Joanne Kwong at one of Pearl River Mart's locations.
Camille Petersen
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COVID-19

What will happen to New York's sky high rents?

by Sabri Ben-Achour
Jul 2, 2020
Some are getting breaks on commercial and residential rent, but it won't last forever.
A banner calling for New York Gov. Cuomo to cancel rent in May as people struggle to pay rent during the COVID-19 pandemic.
Stephanie Keith/Getty Images
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COVID-19

Some big companies seek breaks on rent

by Mitchell Hartman
May 19, 2020
Commercial leases are typically hard to break, but many landlords are willing to defer or discount rent right now
A WeWork office in San Francisco. WeWork's CEO said the company hasn’t paid April and May rent in some locations.
Justin Sullivan/Getty Images
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