Commercial Real Estate Trends in New York City

While New York City’s commercial real estate market suffered throughout the Covid-19 pandemic, it appears to be bouncing back. Between return to office mandates, hybrid work, zoning changes, and renewed investor confidence, commercial development is quickly rising throughout the city.

In the first half of the year, commercial lease volume increased by 42.2% in New York City. Furthermore, in the first quarter of 2025, office vacancy dropped by 16%. However, while the city as a whole has experienced uptick, some neighborhoods are doing better than others. Sher-Del Transfer regularly tracks commercial real estate trends in the city and here are some of fastest-growing ones for office leasing.

Hudson Yards

As a surprise to no one, Hudson Yards continues to be of the most popular neighborhoods for office development. Deloitte, earlier this year, announced that it would be expanding the lease of its North America headquarters at its Hudson Yards location. Furthermore, New York City’s council has also approved $2 billion in funding for development in the area, including office spaces. All of this news follows a $100 million purchase of 411K SF tower for additional development.

Midtown South

Another area that no one should be surprised by is seeing growth is Midtown South. A collier report from Q2 2025 found a 11% increase in office lease demand in the area. A follow-up report from Q3 saw an additional 8% increase. City Council, in August, also approved the Midtown South Mixed Use Plan, which would focus on the development of residential and commercial properties.

North Brooklyn

Once known as a residential-focused area, North Brooklyn has slowly attracted more and more businesses. A Brooklyn Market report from earlier this year North Brooklyn as a leading neighborhood for transaction volume and sales value in development sites & mixed-use properties. Meanwhile, an October report from Optimal Space concluded that Williamsburg has seen over $372 million in retail building sales over the past year.

West Queens

Western areas of Queens, including Astoria, Long Island City, and Sunnyside have also seen increases in commercial office investment. Real estate developers including the Vaja Group and Stellar Management have announced development of mixed-used properties in Astoria this year. Additional permits have been filed for other mixed-use properties in the neighborhood. Meanwhile, zoning reforms and commercial development incentives are expected to further attract business to Long Island City.

These are only some of the neighborhoods in New York City that are seeing commercial real estate growth. If you’re a business looking to move your office space, make sure to reach out to Sher-Del Transfer for a quote.

/by

Office Movers Tips for IT Companies

As any experienced office movers will tell you, planning a relocation is not a simple task. However, informational technology (IT) businesses can be among the most difficult to execute moves for. IT companies often have delicate equipment that is essential for their growth. In order to avoid item damage, it is necessary to special measures for their protection during a move. Sher-Del Transfer has a few tips for just that.

Timeline

Commercial relocation requires significant timeline planning, especially for the IT industry. With the rampant amount of information these businesses manage, data backups and system shutdowns need to be carefully planned. Furthermore, internet providers, data center partners, and other parties need to be properly notified about the new office location.

For a commercial move to truly be successful, IT companies need a timeline that accounts for all of these details, among many others, and does not delay their work.

Technology and Equipment Inventory

For most IT companies, their technology is the thing that keeps their businesses open. As a result, they cannot afford to lose track of any equipment. Create a labeling system that carefully categorizes all servers, desktops, laptops, and monitors, among other items. This tagging system should be categorized by department, as Sher-Del Transfer has done many times. Additional materials such as back-up devices, routers, cabling and other department neutrals items should be kept separately.

Packing and Transport Materials

One of the most common reasons that IT items get damaged during a move is because of the lack of proper moving equipment. Your delicate equipment needs to be protected from a wide range of elements and potential circumstances. Anti-static bags and wraps are needed to keep sensitive electronic components from having any potential static damage. Furthermore, shock-absorbing crates should be used to account for any accidents. Climate-controlled containers and trucks are also necessary for any possible weather-related disruptions that could negatively impact materials.

The right moving equipment could be the difference between your items being damaged while relocating or not.

These are only some quick tips for IT companies to plan their next move. There are many other concerns that need to be taken into consideration. Reach out to Sher-Del Transfer and we can make sure your next relocation is a smooth one.

/by

Case Study: Little Red School House

Challenge:

As part of a commitment to providing the best possible learning environment for their students, the Little Red School House & Elisabeth Irwin High School (LREI) previously renovated their classrooms for the 2025-2026 school year.

As part of the process, LREI required storage for student desks, chairs, and other items to be housed during the scholastic semester. This project required scheduling and timely completion that would not disrupt students during school hours. Furthermore, city and state-regulations for New York schools, parking restrictions, and limited freight elevators access would also need to be navigated.

In order to accomplish this task, they would need an experienced commercial mover with ample storage space, and a fleet of trucks transporting the items.

Solutions:

As one of the top-rated office logistics providers in New York City, Sher-Del Transfer was the best choice for this project. In coordination with the school’s staff, we created a proposal tailored for their specific needs and concerns. This plan included designating specialty storage trailers and trucks for transport, in addition to trained supervisors and workers.

Once approved, Sher-Del Transfer handled every aspect of the transition and storage of the school’s inventory. During the project, our team took special care to safely pack and store these items, using modern safety and packaging equipment. We reserved parking close enough to the school to effectively complete the job. We also coordinated with staff members to adhere to city and state building regulations.

Sher-Del Transfer used its in-depth storage and inventory management system to carefully keep track of every item given to use by the school. Our computerized database, tagging system, and security equipment carefully handled the LREI’s inventory throughout the year.

Once the school’s summer program began, Sher-Del Transfer delivered all of their previous supplies for their summer program and removed aged equipment that was no longer in use.

Results:

As a result of Sher-Del Transfer’s work, LREI was able to successfully store school equipment during the renovation. Both organizations were able to create a plan to properly execute the project in a timely manner for the school’s super program.

/by