Increasing Office Rents Impacting Manhattan
Across the country, office space rent has increased by an average of 11 percent. In certain tech markets, such as East Cambridge, Santa Monica, and Mountain View, the numbers are.. read more
Archive for the 'Office Market' Category
Large Blocks of Space Permeate Manhattan Office Market
There are currently 68 blocks of available space in the Manhattan market that are greater than 100,000 square feet — and that’s excluding spaces that are under construction. The average.. read more
JP Morgan Looking to Sell 1 Chase Manhattan Plaza
JPMorgan Chase & Co is looking to sell 1 Chase Manhattan Plaza in Lower Manhattan as it attempts to reduce its office space footprint in the city. Putting this building–designed.. read more
100 Million Square Feet in Downtown Manhattan
Downtown Manhattan will have 100 million square feet of office space upon completion of the recently announced 3 World Trade Center. Expected to be completed in the beginning of 2017,.. read more
Sixth Avenue Office Vacancies On The Rise
Sixth Avenue is being hit with large blocks of office space that are either vacant or available for sublease which is dragging down an area that is expecting to see.. read more
Manhattan Executive Suites Increasing in Popularity
Executive suites are gaining popularity as a flexible and affordable office solution and this was especially evident in the aftermath of Superstorm Sandy when the city’s executive suite providers were.. read more
Manhattan and New Jersey Temporary Office Space
As I was watching the hurricane barrel down on Manhattan and northern New Jersey, I was stunned by the scenes of destruction and even now it is hard to comprehend.. read more
Job Creation Key to Manhattan Office Market
The key to a sustained recovery in Manhattan’s commercial market is job growth and until jobs return in abundance, available space for lease will continue to stay at the same.. read more
