Richard Perez-Pena of the New York Times writes about how the New York Observer is about to launch a commercial real estate paper in the city called The Commercial Observer. The first issue will be Sept. 15.
“The paper will have plenty of competition from publications like The Real Deal, a monthly magazine, and Real Estate Weekly, which both cover the region’s commercial and residential real estate markets; and from more mainstream publications like Crain’s New York Business, a weekly, and the city’s daily newspapers.
“Observer executives decided that they would fare best with a narrower subject area, commercial property, and avoid cannibalizing the gossipy, popular and Manhattan-centric residential real estate coverage The Observer is known for.”
Read more here.
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