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Lower Manhattan: NYC’s Media Center
Brookfield Place, the future home of Time Inc. (John Moore/Getty Images) Publishing companies have been departing for downtown from the more traditional Midtown and Midtown South submarkets and that...
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By ‘Downtown’… What Do You Mean?
Illustration by Boris Séméniako (Tribute to Saul Steinberg) Is it 14th Street? Canal Street? Somewhere in between? It turns out that demarcating where Downtown begins is a mind-bending brain teaser,...
View ArticleThe Strength of the Downtown Market
Do you smell smoke? I don’t know if I smell smoke, but the New York office leasing market is on fire. Everywhere you go Downtown—from Midtown south, Park Avenue south, Chelsea, Soho and many other...
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Office Rents are Through the Roof for Downtown Manhattan
If you were paying attention to office leasing activity and increased rents last year, you might say there’s no finer place than Downtown—even though it’s still a bargain compared to Midtown. Total...
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Downtown’s Newest Redevelopment is Turning Heads
Sponsored Content It was a “180” that New Yorkers may not have expected, but are now hard-pressed to ignore. 180 Maiden Lane ascended into the consciousness of Lower Manhattan and the NYC commercial...
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Evolving Workplace Trends: What Do Tenants Really Want?
[Sponsored] It may not be a tenants’ market in New York City just yet, but businesses shopping for new digs have increasingly demanded more out of their office space, and building owners are now going...
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Large Vacancies Loom in Midtown as Tenants Relocate to Downtown and Far West...
Office tenants seeking large blocks of space are abandoning Midtown for trendier neighborhoods and newer buildings, driving up vacancy rates at some of the city’s biggest office towers. Law firms,...
View Article[Video] Scenes From the 3rd Annual Downtown Forum
Missed the 3rd Annual Downtown Forum at 225 Liberty Street? We’ve got you covered. Check out the highlight video featuring Downtown players as they weigh in on the market’s current state. Panelists...
View ArticleReinvention Drives Leasing Decisions
Like New York City, commercial real estate never sleeps. We are witnessing an era of transformation as office tenants reshape business for the 21st century, populating the workforce with talent that in...
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Downtown Leasing Ends Best Quarter in Eight Years
Lower Manhattan ended 2018 with its best quarter of new leasing activity since Q2 2011, resulting in over 2.12 million square feet of new activity, according to a recent report by the Downtown...
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Midtown South’s Growing Sublet Supply
For the last decade, there hasn’t been much room for office tenants in Midtown South. In the Manhattan market, where a 10 percent availability rate is generally the agreed upon equilibrium point,...
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The Moinian Group Branches Out: How Tech And Lending Augment Their Vast...
The Moinian Group, one of the largest privately-held real estate groups in the U.S., has recently taken their market expertise into other areas, branching out into lending and technology with two new...
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New CBRE Report Details Profound Effects of Flex Space on US Office Leasing...
According to a new report from CBRE, “Let’s Talk About Flex: The U.S. Flexible Office Market in 2019,” flexible space leasing makes up 3.6 percent of Manhattan’s total office leasing inventory,...
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Michael Gottlieb and Marty Cottingham Celebrate 350th Transaction at Avison...
Two of Avison Young’s top-producing office leasing brokers, Michael Gottlieb and Marty Cottingham, are celebrating a milestone this month: their 350th transaction, bringing their total to more than 3.5...
View ArticleMeridian Arranges Sale and Acquisition Financing for 15 Park Row, 335-Unit...
Meridian Capital Group announced today that its Institutional Investment Sales Group, led by Helen Hwang, has advised Park Row Realty, L.P. on the residential part of the sale of 15 Park Row to Atlas...
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