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Real Estate News

Learn about NYC commercial leases, building sales, new developments, and pricing trends shaping the office market.

NYC scene with skyscrapers - a snapshot of Manhattan's thriving office space market rebound.
Real Estate News

Colliers Report: Manhattan Office Leasing Nearly Doubles in July, But the Market Remains in Recovery Mode

The office space market in Manhattan has shown vital signs of recovery in the second quarter of 2022.

19 Aug '22 • By Alan Rosinsky
Manhattan cityscape, Hudson River perspective—reflecting a dynamic NYC office market.
Real Estate News

Q2 Leasing Numbers Show Promise for NYC’s Office Market

New York City’s office market is finally showing clear signs of recovery, at least according to the most recent second-quarter reports released by brokerages.

25 Jul '22 • By Alan Rosinsky
Panoramic view of Park Avenue, emblematic of SL Green's acquisition in NYC's Plaza District.
Real Estate News

SL Green Snags 450 Park Avenue NYC Office Tower for $445M

SL Green, Manhattan’s most prominent landlord, recently closed its first office purchase in four years.

18 Jul '22 • By Alan Rosinsky
Park Avenue skyscrapers reflect the changing landscape of NYC’s commercial real estate market.
Real Estate News

Will Park Avenue Office Towers Become Luxury Condos?

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.

20 Apr '22 • By Alan Rosinsky
NY's Park Avenue buzzes with taxis, signaling Plaza District's revival.
Real Estate News

$100M Lever House Revamp Kickstarts Plaza District Rebirth

One of Midtown Manhattan’s most iconic landmarks, Lever House, is getting a $100 million upgrade.

11 Apr '22 • By Alan Rosinsky
Flag of Ukraine
Real Estate News

Ukraine Conflict to Impact Commercial Real Estate

Today I’d like to discuss the Ukraine conflict and its eventual impact on the real estate market.

26 Mar '22 • By Alan Rosinsky
NYC Cityscape with Penn Station, focal point of Vornado Realty Trust's real estate portfolio.
Real Estate News

As NYC Offices Reopen, Vornado Kicks Off Huge Penn District Project

Vornado Realty Trust has been gradually expanding its commercial real estate footprint in Midtown Manhattan and is currently one of NYC’s biggest landlords.

14 Mar '22 • By Alan Rosinsky
Grand Central Terminal's Iconic Interior in Manhattan, with LIRR station underneath.
Real Estate News

LIRR At Grand Central: Time to Relocate to Midtown East?

The world understandably continues fixating on the Ukraine crisis and the pandemic.

05 Mar '22 • By Alan Rosinsky
A young woman using VR technology, explores the emerging virtual NYC real estate market.
Real Estate News

Virtual NYC Commercial Real Estate Sold for $2.4 Million

Last month, a piece of land sold for $2.4 million.

09 Jan '22 • By Alan Rosinsky
Empire State Building in New York and lower Manhattan skyline.
Real Estate News

ESRT Just Bought 2 Apartment Buildings – Will Vacant Offices Become Luxury Homes?

With retail and office vacancy rates remaining high in New York City, landlords are looking for solutions to sure up their bottom line.

10 Nov '21 • By Alan Rosinsky
5th Ave NYC street sign, symbolizing Microsoft's 150 KSF office lease at 112 Fifth Avenue.
Real Estate News

Microsoft Bets Big on NYC, Signs 150 KSF Fifth Avenue Lease

Another sign that Manhattan’s office market is on the path to recovery is a recent lease by tech giant Microsoft.

08 Nov '21 • By Alan Rosinsky
NYC skyline with One Vanderbilt at center, featuring the extraordinary Summit observation deck.
Real Estate News

The Summit at One Vanderbilt, No Ordinary Observation Deck

One Vanderbilt’s observation deck, the Summit, opened recently, and it is getting a lot of favorable press.

29 Oct '21 • By Alan Rosinsky
NYC buses whiz through Authority Bus Terminal, slated for redevelopment by 2030.
Real Estate News

Port Authority Bus Terminal to be Redeveloped by 2030

There was never any glory in the race for ‘NYCs Most Dismal Point of Entry.’ But since Penn Station’s 255,000-square-foot Moynihan Train Hall expansion opened on New Year’s Day, the Port Authority Bus Terminal doesn’t even have a worthy rival for the title in Midtown Manhattan.

25 Oct '21 • By Alan Rosinsky
NYC skyline, One World Trade Center, Tribeca: Icons of evolving supertall office spaces.
Real Estate News

Controversial Supertall Towers Point the Way to Sustainable Office Space

I have been thinking lately about the towers that define our city.

20 Oct '21 • By Alan Rosinsky
Aerial view of 111 Wall Street in NYC's Financial District, part of a large office deal of 2021.
Real Estate News

These Are the 5 Biggest NYC Office Sales of 2021 (So Far)

The New York City office market has been going through a rough patch caused by the Covid19 pandemic.

19 Oct '21 • By Alan Rosinsky
NYC skyline symbolizes $28.6B decline in commercial real estate value.
Real Estate News

NYC Offices Lost $28.6 Billion in Value. What Does That Mean for NYC & Its Commercial Tenants?

For the first time since 2000, the market value of New York City commercial real estate has declined.

13 Oct '21 • By Alan Rosinsky
Manhattan skyline featuring St. John’s Terminal, Google's $2.1 billion office acquisition.
Real Estate News

Google Just Spent $2.1 Billion on St. John’s Terminal – Is Big Tech Driving NYC’s Revival?

On September 21st, Google announced that it would purchase the St.

06 Oct '21 • By Alan Rosinsky
Professionals converse in NYC office amid market rebound, reflecting increased leasing activity.
Real Estate News

Increased Leasing Activity Fuels Manhattan’s Office Recovery

Manhattan’s commercial real estate market was hit with an unprecedented blow when the Covid19 pandemic emerged in March 2020.

30 Sep '21 • By Alan Rosinsky
Rent Control for Commercial Spaces? Newly Proposed NYC Legislation
Real Estate News

Will Rent Control for NYC Commercial Space be Enacted?

The city of New York’s Council Committee on Small Business is holding a hearing on a bill that would enact commercial rent control for retail and office space.

28 Sep '21 • By Alan Rosinsky
Park Avenue sign, symbolizing IWG's strategic leasing at 250 Park Avenue, NYC.
Real Estate News

IWG’s Big Lease at 250 Park Avenue: Latest Evidence that Coworking Offices Are Back

Powered by startups, freelancers, and established companies looking for extra desks, coworking office managers enjoyed several years of uninterrupted growth in Manhattan.

21 Sep '21 • By Alan Rosinsky
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Popular Articles

Business People Shaking Hands after Negotiating a Commercial Real Estate Lease.
Expert Insights

How to Negotiate Office Space Leases in New York City

22 Apr '23 • By Alan Rosinsky
Programmers in a modern NYC office, symbolizing the transition from coworking to private space.
Real Estate Guides

Scaling Up: Transitioning from Your Coworking Space to an Office in Manhattan

14 Dec '23 • By Alan Rosinsky
Central Park Pond in NYC, serene oasis amidst the bustling Manhattan office landscape.
Real Estate Guides

New York’s Best Office Rentals With Sweeping Central Park Views

23 Oct '23 • By Alan Rosinsky
Wall Street Alliance Group's relocation to Nelson Tower on 7th Avenue, a strategic move for convenience.
Case Studies

Client Case Study: Wall Street Alliance Group Relocates to Nelson Tower

15 Mar '23 • By Bobby Samuels
Intersection with "Fifth Ave" sign and classic Manhattan vibe.
Case Studies

Case Study: DFW Capital Partners’ Strategic Manhattan Relocation

15 Sep '23 • By Bobby Samuels
Startup Professional in NYC Office Search, Working at Wooden Table.
Real Estate Guides

Best NYC Neighborhoods to Rent Startup Office Space

12 Apr '23 • By Alan Rosinsky
Modern office desk with laptop and equipment
Real Estate Guides

Office Furniture, Fixtures & Computer Networking: Landlord’s Responsibility?

06 Mar '18 • By Alan Rosinsky
Side view portrait of elegant mature woman as female boss working with reviewing lease at desk.
Real Estate Guides

Dollars and Sense: The Savvy Approach to Office Lease Clauses

03 Oct '24 • By Alan Rosinsky
Businessman signs digital lease contract in NYC office space.
Real Estate Guides

3-Year, 5-Year, or 10-Year: Which Office Lease Term is Ideal for You?

12 Apr '24 • By Alan Rosinsky
High Line Park, NYC: Amidst Safety Concerns, Exploring Office Space Options
Finding Your Space

The Safest Manhattan Neighborhoods to Rent Office Space

14 Oct '22 • By Bobby Samuels

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