Wednesday 3 October 2018

Williamsburg commercial landlords latest to drop prices ahead of L train shutdown

The L train shutdown has hung over Williamsburg like a looming black cloud for several years now, and the signs of discounted real estate have begun to emerge. While asking rents for residential real estate have dipped $250 since 2016, commercial landlords are now starting to offer discounted space as well, according to Crain’s. TerraCRG broker Peter Schubert told the outlet that a landlord he represents had offered a tenant a 15 percent discount on […]



source https://therealdeal.com/2018/10/03/williamsburg-commercial-landlords-latest-to-drop-prices-ahead-of-l-train-shutdown/

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