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 'Trends' Category
Downtown Manhattan Office Market: February 2015 Recap
Like Midtown, Downtown had a slower than average month for leasing activity with overall totals coming in roughly 5 percent below the 5 year monthly average. For the month of.. read more
Midtown Office Market: February 2015 Performance Recap
February was a sluggish month for Midtown leasing with overall activity 8 percent off the five year average and the availability rate increasing slightly compared to January. Leasing activity totaled.. read more
Manhattan Retail Market Q4 2014 Transaction Recap
The holiday season is usually pretty slow for commercial real estate transactions but Manhattan saw two record setting deals that saw the year finish with a bang. Hilton Sells the.. read more
Manhattan Office Leasing Up 16% Through First Six Months
Manhattan office leasing is up 16% for the first half of 2013 on a year over year basis, as a result of an even higher increase in Midtown leasing where.. read more
Available Sublease Space Drops in Manhattan
Available sublease space in Manhattan decreased to 18% of the total market in the second quarter compared to the same quarter a year ago when 23.3% of the market was.. read more
Asking Rates Eclipse $60 For the First Time in Four Years
Asking rates for Manhattan office space eclipsed $60 for the first time in four years as a wave of $100/square foot leases drove landlords to push for higher rates. The.. read more
Manhattan Retail Space Continues to Thrive
Looking for vacant retail space on Fifth Avenue? Need a spot along Madison Avenue? How about an empty storefront in SoHo? Forget about it. Despite the economic downturn and consumer.. read more
Co-Working Space in Manhattan Equal to 400 Starbucks
One of the latest trends in office space is the emergence of co-working which allows transient use of desk space at a designated facility that often has many of the.. read more
