Manhattan Office Rents

TAMI-sector Resurgence Drives Improved Quarterly Leasing
MIDTOWN SOUTH MANHATTAN OFFICE INVENTORY AT A GLANCE DEFINITIONS Taking Rent Index —Initial taking rents as a percentage of asking rents. This graph represents a 6-month rolling weighted average (for size and month). T.I. —Tenant Improvements. ... Retrieve Document

34 | CTBUH 2015 New York Conference
Movements of office rents, condominium prices, and construction costs. Statistical results suggest that the resurgence of Manhattan’s skyscraper construction is being driving by the rise in the average price of apartments, and is not being driven by rising office rents or falling construction costs. ... Retrieve Full Source

THE LOWER MANHATTAN ECONOMY - Nyassembly.gov
Vacancy rate for Manhattan was 6.3 percent. The downtown vacancy rate for Class A office space was 7.4 percent in April 2009, up from 5.9 percent in April 2008. ♦ According to Colliers ABR, average rents in Manhattan for Class A and overall office space have fallen since reaching record high levels in the second quarter of 2008. ... Retrieve Full Source

NYC Affordable Housing For Rent
This building is being constructed through the Inclusionary Housing Program and 421-a Tax Incentive Program of the New York City Department of Housing Preservation and Development. ... Doc Viewer

Inflated Expectations: Analysis Of Manhattan Office Rents
Inflated expectations: Analysis of Manhattan office rents March 24, 2014 - Front Section Recent reports about the Manhattan office leasing market since the crash of 2008 have offered a cautiously optimistic picture of growth. Indeed, at first glance, Manhattan office rents appear to have climbed a healthy percentage since the economic crisis. ... Fetch Full Source

Savills Studley Report New York City office Sector Q4 2016
Manhattan’s landlords are competing with one another for a shrinking tenant base. An office location in the city is still the dominant choice of most companies. Tenants could find quality space with rent well below $30.00/sf in Northern New Jersey, but most prefer to remain in Manhattan. While they have retained their taste for New ... Access Doc

Contact Centers Outlook - JLL 2017
Office product, including the 27.6 percent partial-interest acquisition of the One Vanderbilt development site by the National Pension Service of Korea for approximately $500 million. Office has consistently been the most attractive Manhattan sector for overseas buyers, leading all other asset categories in nine of the last 10 quarters. ... Get Content Here

Commercial Real Estate Competitiveness Study - Alvarez And Marsal
Rents below $40/sf in 2013 dollars.This kind of office stock can be found in the city‟s current central business districts – Midtown Manhattan, Midtown South, Lower Manhattan, Downtown Brooklyn4 and Long Island City, Queens. HGI firms demand office space with physical attributes that reflect their culture ... Fetch Document

New York City Market Report - Avison Young
Preference directed towards real estate in general, and within New York City, in particular. While the Manhattan office leasing market remained dominated by financial services and TAMI activity throughout the year, there was a strong showing by sports-related entities by the end of the fourth quarter. ... Access Document

Avison Young Manhattan Market Overview
Ment sale market. First, pricing for Class A office buildings and quality development sites has accelerated due to limited supply and robust investor demand. Driving these two situations is the long-term perspective of private investors about the growth of Manhattan office rents and escalating prices being paid by homeowners for residential ... Retrieve Document

MAREEAT Manhattan - Cushman & Wakefield
Absorption to positive 2.6 MSF. Asking rents gradually increased by 1.7% during the year to $72.82 per square foot (PSF), but fell in the fourth quarter in 12 of the 19 Manhattan submarkets. Nearly 2.1 MSF of new office construction was added throughout Manhattan in 2016, 84.0% of which was from the completion of 10 Hudson Yards. This was the ... Read More

Manhattan Had Strong Office Leasing Activit Y But Lower Rents ...
Manhattan had one of its strongest years of the 21st century in terms of office leasing activity in 2017, but it came partly because of lower rents. A year-end report from Colliers International found that Manhattan had over 37M SF of leasing activity last year, the second-most it has had since 2003, behind only 2014. ... Fetch Doc

Winnellie - Escape From High Cbd Rents - Relocate To ...
T18/60 Winnellie Road, Winnellie Nick Syrimi Winnellie Point sets a new standard in premium quality, design and modern functionality. Strategically located i ... View Video

General Motors Building (Manhattan) - Wikipedia
The General Motors Building is a 50-story, 705 ft (215 m) office tower at 767 Fifth Avenue in Manhattan, New York City. The building, which is bound by Fifth Avenue and Madison Avenue between 59th Street and 58th Street, is one of the few structures in Manhattan to occupy a full city block. ... Read Article

CITY OF NEW YORK OFFICE OF THE COMPTROLLER
Construct, and maintain subsurface electrical conduit and manhole infrastructure in Manhattan and the Bronx, which ECS rents to telecommunications and cable television service providers. The franchise agreement was executed on May 15, 1891, for perpetuity, and is now administered ... Document Retrieval

East Harlem - Wikipedia
East Harlem, also known as Spanish Harlem or El Barrio, is a neighborhood of Upper Manhattan, New York City, roughly encompassing the area north of the Upper East Side and East 96th Street up to roughly East 142nd Street east of Fifth Avenue to the East and Harlem Rivers. It lies within Manhattan Community District 11. ... Read Article

Office-sharing Giant WeWork Keeps Pushing. Now Landlords And Rivals Are Pushing Back.
WeWork Cos. is increasingly stepping on the turf of landlords and real estate brokers -- and the industry is starting to push back. The office-sharing giant, valued at as much as $42 billion ... Read News

FROM THE OFFICE OF MANHATTAN BOROUGH PRESIDENT GALE A. BREWER ...
1 FROM THE OFFICE OF MANHATTAN BOROUGH PRESIDENT GALE A. BREWER: RENT REGULATION RENEWAL AND REFORM and 421-A LEGISLATION Most decisions affecting rental housing in New York City are actually decided in Albany because of ... Document Retrieval

Office Markets Remain Solid As Rents Peak And Vacancy Levels Off
> Three markets — Manhattan, the San Francisco Bay Area and Seattle — have office vacancy rates well under 10% and saw no increases in the second quarter. These rates are substantially lower than those in the other seven markets. Rents appear to be close to peaking in San Francisco and are ... Access This Document

4th Quarter 2014 Manhattan Market Overview - Avison Young
Manhattan’s overall office vacancy rate to 9.4 percent, the lowest rate since 2012. The overall average asking rent in Manhattan increased 6.8 percent year-over-year to $65.19 psf. Manhattan Class A average asking rents increased to $73.20 psf from $67.02 psf a year ago. At year-end, Midtown Class A average asking rents stood at ... View Document

Housing NYC: Rents, Markets And Trends 2001
Housing NYC: Rents Markets and Trends 2001 is an annual compendium of the primary research produced by the staff of the Rent Guidelines Board (RGB) over the 2001 guidelines season. The release of Housing NYC: Rents Markets and Trends 2001 marks the thirteenth year in which the RGB has published its primary research in compendium form. ... Access Full Source

7 World Trade Center - Wikipedia
7 World Trade Center (7 WTC) refers to two buildings that have existed at the same location within the World Trade Center site in Lower Manhattan, New York City. The current structure is the second building to bear that name and address in the World Trade Center complex. ... Read Article

Experts: Uncertainty Poses Risk To LI Economy In 2019
The strong Long Island economy is at risk from uncertainty, local economists predicted. Growth could accelerate in the new year, but only if consumer and business uncertainty clears over trade ... Read News

Market Report MANHATTAN OFFICE - Shearman & Sterling
Market Report MANHATTAN OFFICE 2Q 2015 than 2 million square feet; Bloomberg leases 1.87 million square feet and PwC occupies 800,000 square feet. Manhattan availability declined 0.6pp to 10.1%, quarter-over-quarter. Significantly sized blocks of space were removed at 7 Bryant Park when Bank of China, the building’s owner, ... Access Document

New York | Multifamily Rent Stabilization In Lower Manhattan ...
In addition, the MNS Manhattan rental market report for Jan. 2018 recorded the most expensive non-doorman, studio, one- and two-bedroom apartments were in the Financial District and TriBeca, ranging in average from $3,261 to $7,788 for monthly rents. Manhattan’s most expensive doorman studio, one- and two-bedroom ... Doc Retrieval

Our Top Investment Idea For 2019: 8.4% Yield And Huge Upside From Brookfield
Obviously, this is extremely challenging to find as it would go against the premise of efficient markets where higher growth and superior management are usually rewarded with higher valuation (and thus a lower dividend yield). ... Read News