Office Space Availability in Manhattan Hits Highest Number on Record in Q1 2021
The U.S. office market took a significant hit during the pandemic, with most companies switching to a fully remote or hybrid workstyle. Manhattan, as one of the densest business districts globally, was heavily affected by this switch, and as a ...
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These Were the 20 Biggest Office Deals to Close in NYC Since the Start of the Pandemic
The New York City commercial real estate market took quite a hit in 2020. Total office sales dropped 58% during this spring’s lockdown, while retail sales sank a whopping 78%. Brooks Brothers, J.Crew, and other major retailers filed for bankruptcy, ...
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The Top 20 NYC Office Deals of H1 2020 – Amazon Bets $978M on Manhattan
Over the past few months, New York City commercial real estate has gone through a whirlwind of changes, some of them permanent. The coronavirus has solidified remote work as a feasible and productive way of working, and many companies will ...
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Report: Retail Sales Activity Drops 78% During NYC Lockdown
The New York City retail market took a hard hit as the pandemic spread across the city. The almost three-month economic lockdown took many out of business, including big names like Barneys New York and Brooks Brothers, which filed for ...
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Report: New York City Office Sales Drop 58% During Lockdown
Office towers in the New York City commercial real estate market sell at exorbitant price tags, and investors from around the world are willing to shell out hundreds of millions – and sometimes even billions – to own trophy office ...
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2,000 Non-Essential Construction Complaints Filed With 311 During NYC Lockdown
New York City, the city that never sleeps, is also the city that never stops building. As one of the busiest and priciest business destinations in the world, NYC is always growing, with more and more skyscrapers added to its ...
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The Top 20 NYC Office Sales of Q1 2020 | Three Manhattan Assets Fetch More Than $200M
The new coronavirus has undoubtedly put the brakes on most industries, with some sectors, such as hospitality or restaurants, coming to a full stop. The U.S. real estate market has also been affected, and landlords and tenants alike are struggling ...
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Despite Lockdown, Brooklyn Office Sales Activity Climbs 140% in Q1 2020; Manhattan Sees 31% Increase
The new coronavirus has hit the global economy like a sledgehammer, putting the brakes on a plethora of industries, including commercial real estate. Even though this sector isn’t as affected as, say, retail, coworking, or multifamily, the ripple effects of ...
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The Number of Traffic Complaints in NYC Dropped 50% in the First 3 Months of 2020
NYC Traffic Complaints Drop 37% Compared to Q1 2019 and 49% Compared to Q4 2019 Traffic in New York City tends to fluctuate throughout the year. There are certain times of the day and also certain times of the year ...
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Which Neighborhoods Have the Best — and Worst — Commute Times in New York City
Known to many as the city that never sleeps, New York is notoriously one of the busiest, loudest, and most trafficked urban centers in the world. The city is a Mecca for arts and entertainment, and it’s also home to ...
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Looking For a New Office for Your Business? These Are the Noisiest NYC Neighborhoods to Work In
New York City is one of the busiest urban centers in the world. All the major global corporations and institutions have an outpost here, and professionals from around the world dream of making it big in the Big Apple. However, ...
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These Are the 50 Top Tax-Paying Office Buildings in New York City
Property taxes in the U.S. are a frequent topic of debate, especially when it comes to commercial real estate. Office buildings in major American cities shell out exorbitant amounts on property taxes each year, particularly in New York City, which ...
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