Metro Manhattan Commercial Real Estate News & Articles

The right location can fundamentally alter the growth strategy for your business. Class A commercial office space demonstrates a long-term commitment of excellence to your clients as well as your employees. Therefore, selecting the right location becomes a critical decision ...
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Manhattan landlords in 2022 are facing the challenge of attracting workers back to the office. In a world where flexibility has become the norm, convincing people that it’s still worth coming to the office is no easy task, especially in ...
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We live in an increasingly digitized world, both at home and at work. Technology has become part of our daily lives, from touchless technology, keyless entry, fingerprint scanners, and face recognition software to smart building programs and remote-controlled devices.  The ...
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Premium Class A office space in Midtown Manhattan has held its value more strongly than anticipated throughout 2020 and 2021. Prices in Class A buildings have only dropped by 10-15%, with landlords preferring to offer generous concessions instead, such as ...
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New York City is the world’s top financial center, surpassing even London and Hong Kong on the Global Financial Centers Index. Some of the top hedge funds in the country are headquartered in Manhattan, including Millennium Management, BlackRock, and D.E ...
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With so many offices in New York City still empty - as of February, the office vacancy rate in Manhattan was 12.6% - landlords and city officials have had to adapt quickly. Some landlords lowered their asking rents and offered ...
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One of Midtown Manhattan's most iconic landmarks, Lever House, is getting a $100 million upgrade. Owners WatermanClark and Brookfield Properties are determined to bring the postwar Manhattan office building to modern standards to attract high-profile tenants. It's one of many ...
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Today I’d like to discuss the Ukraine conflict and its eventual impact on the real estate market. More than one and a half million refugees fled the country only in the first ten days of the war. Who would have ...
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New York City’s tech boom began in the 90s when the Flatiron District became known as “Silicon Alley” – the East Coast equivalent of Silicon Valley. Startups and technology companies began opening new offices across New York City, including Google, ...
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Vornado Realty Trust has been gradually expanding its commercial real estate footprint in Midtown Manhattan and is currently one of NYC's biggest landlords. The company, founded by Steven Roth, has been acquiring and developing assets in the borough since its ...
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Access to outdoor space for commercial office tenants in Manhattan is no longer considered to be a luxury amenity, but rather a strongly preferred option for many of Manhattan’s businesses. This reflects the needs of modern employees who require additional ...
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While the world continues to fixate on the Ukraine crisis and the pandemic, landlords, brokers, and businesses are closely following another story that may bring sweeping changes to the Manhattan real estate landscape. After fifteen years of construction worth $11 ...
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