Overlooked Factors to Consider in the Search for Office Space in 2021 | Metro Manhattan Office Space

6 Overlooked Factors to Consider When Searching for NYC Office Space

According to a recent New York Times analysis, office landlords are going through a rough patch. Newmark data quoted by the Times shows that 18.7% of all office space in Manhattan is currently available for lease - the highest availability ...
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Proptech Disrupting CRE | Metro Manhattan Office Space

How Proptech Is Transforming the Commercial Real Estate Industry

Even before the pandemic, the commercial real estate industry was undergoing a paradigm shift, slowly breaking away from tradition and embracing technology in different ways. Intelligent building features and sustainability tools were already a high priority for commercial building owners, ...
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The Most Sought-After Office Amenities Post-Pandemic | Metro Manhattan Office Space

The Top 6 Amenities NYC Office Tenants Will Look for Post-Pandemic

The New York City office market is very different in 2021 from how it was in 2019. With remote work becoming the norm and numerous office spaces left vacant in the aftermath of the pandemic, landlords and businesses alike have ...
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Recovery in the Retail Sector

Recovery in New York City’s Retail Sector

I was recently asked for my opinion regarding the prospects of a recovery in the New York City retail commercial real estate market. It’s a good time for an update on what has changed. To provide some key background information ...
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Gateway Tunnel Gets Greenlight | Metro Manhattan Office Space

Good News for NYC: Delayed Gateway Tunnel Gets $11.6B in Federal Funding

After years and years of political back and forth, the much-discussed Gateway Tunnel, meant to connect New York to New Jersey, has finally been greenlighted. The project, one of the most critical infrastructure projects in the country at the moment, ...
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/ / Real Estate News
NYC Local Law 97 | Metro Manhattan Office Space

Local Law 97: A Green New Future for NYC Office Buildings

As remote and hybrid work models are becoming more and more popular, many of New York City’s skyscrapers are half-empty. A return to the office is underway, but many companies allow staff to work remotely indefinitely. Meanwhile, landlords are struggling ...
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NFTs and real estate | Metro Manhattan Office Space

What Are NFTs and Are They Coming for Real Estate Next?

Technology has crept its way across all possible industries over the past decades, improving the way we do business and go about our daily lives. From virtual and augmented reality to artificial intelligence software and machine learning, technological advancements have ...
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Harry Potter NY Opening | Metro Manhattan Office Space

New Harry Potter Store Breathes New Life Into NYC Retail

New York City commercial estate has taken a massive hit during this past year, as rents and leases dropped to levels not seen since the 2008 financial crisis. All sectors of real estate were affected, including office, hospitality, and multifamily ...
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Sports Stadiums in the US | Metro Manhattan Office Space

NYC’s First Soccer-Specific Stadium and Its Impact on the Local Economy

Professional sports are a billion-dollar business in the U.S., and American cities are inextricably tied to their home teams. Think of the Chicago Bulls, the L.A. Lakers, or the New England Patriots; these teams and their related events tend to ...
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Manhattan office outlook | Metro Manhattan Office Space

The NYC Office Renaissance: What’s Next for the Market in 2021 and Beyond?

As vaccination efforts continue across the country and life slowly starts to go back to normal, the New York City commercial real estate market is still recovering. This recovery, according to experts, will be slow, much slower than other economic ...
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Revitalizing Manhattan | Metro Manhattan Office Space

Lower Commercial Real Estate Rents Will Revitalize New York City

The past year has been challenging for commercial real estate landlords across the globe. However, in uber-dense business districts such as Manhattan, the situation is even direr. The ultra-luxurious, ultra-pricey borough has taken a big hit during this pandemic, from ...
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Hotel industry comeback in NYC | Metro Manhattan Office Space

Is New York City’s Hospitality Sector Ready for a Comeback?

Lockdowns, social distancing measures, travel restrictions, and new remote work policies have led hotels across the country to close their doors in 2020. Now, as cities are starting to reopen gradually and businesses start welcoming workers back into the office, ...
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