The Real Deal New York

Posts Tagged ‘Office Leasing’

  • Market reports

    (credit: MNS and Cushman & Wakefield)

    The latest batch from around the industry found that Bed-Stuy is leading the pack in new development sales, Hamptons home prices are falling and Manhattan’s office vacancy rate hasn’t been this low since 2009. [more]

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  • Ariel Property Advisors and CBRE

    (credit: Ariel Property Advisors and CBRE)

    The latest batch from around the industry found that New York City home foreclosures are up year-over-year and Manhattan office vacancy rates shrunk in July. [more]

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  • Market reports

    (credit: REBNY and Douglas Elliman)

    The latest batch from around the industry found that Brooklyn’s residential market hit record high prices, while Manhattan’s office market improved after a shaky start to the year. [more]

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  • SeatGeek DraftKings

    From left: 400 Lafayette Street in Noho, SeatGeek seating chart and DraftKings website (inset: Jay Caseley)

    Investor Alvin Flaster signed a pair of tech tenants to more than 50,000 square feet of combined office space at 400 Lafayette Street, thus bringing the Noho property to full occupancy, The Real Deal has learned. [more]

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  • From left: Aby Rosen and Steve Morrows (credit: Steve Friedman)

    From left: Aby Rosen and Steve Morrows (credit: Steve Friedman)

    He’s swapped the Big Apple for the Big Peach.

    Steve Morrows has left his role as head of office leasing for Aby Rosen’s RFR Realty and started his own firm with the goal of developing and investing in rental apartments in the Atlanta area. Morrows’ move came in wake of RFR’s March hiring of commercial brokerage JLL as leasing agent for its 5 million-square-foot office portfolio, according to the Wall Street Journal. [more]

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  • Market reports

    (credit: CityRealty and DTZ)

    The latest batch of reports from around the industry found that Manhattan apartments are staying on the market longer and the city’s office availability continued to shrink. [more]

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  • From left: Green Street Advisors price index and Downtown Alliance market report

    From left: Green Street Advisors Price ndex and Downtown Alliance market report

    The latest batch of reports from around the industry found that Lower Manhattan office leasing slowed in the first quarter of 2015 and development of moderate-income housing hit a 50-year high. [more]

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  • Market Reports

    The latest batch of reports from around the industry found that overall average asking office rents in Manhattan reached their highest point since 2008 and investment sales hit a record $20.8 billion in the first quarter of the year. [more]

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  • Market Reports
    The latest batch of reports from around the industry found that finance, law and tech companies dominated the Manhattan office market during the first quarter of 2015 and the average rent for a Manhattan apartment in March was nearly $3,900. [more]

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  • Market Reports

    The latest batch of reports from around the industry found that the Financial District was the most active neighborhood for new development in Manhattan and Brooklyn’s residential prices more than doubled over a decade. [more]

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  • Mar

    The latest batch of reports from around the industry found that Brooklyn’s retail corridors are expanding and sales volume for Manhattan office condos reached record levels in the second half of 2014. [more]

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  • Market Report

    The latest batch of reports from around the industry found that New York City homeowners pay more for a down payment on a home, TAMI tenants continue to dominate the Manhattan office market, and Upper Manhattan has the tightest absorption rate. [more]

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  • CityRealty1
    The latest batch of reports from around the industry found that residential listings picked up in February, while the Manhattan office market continued its upward surge. [more]

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  • The week in real estate market reports

    February 25, 2015 12:50PM

    CBRE

    The latest batch of market reports found that Lower Manhattan’s commercial market had its best year on record since the financial crisis; office asking rents fells in January; and sales for apartments reached record levels in the fourth quarter of the year. [more]

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  • The week in real estate market reports

    February 18, 2015 12:15PM

    From left: Halstead Property Development Marketing’s 2014 new developments report, Ariel Property Advisors’ 2014 Manhattan sales report and New York Building Congress’ 2014 NYC construction report

    Fresh industry data abounded in the latest batch of market reports: Most new developments are heading Downtown; commercial and residential broker confidence increased to 9.22 in the fourth quarter; and Brooklyn’s retail corridors doubled in the last year. [more]

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  • The week in market reports

    February 11, 2015 12:00PM
    From left: Ariel Properties 2014 Bronx report, Cushman & Wakefield 2014 Manhattan sales report and MNS Manhattan December 2014 report

    From left: Ariel Properties 2014 Bronx report, Chushman & Wakefield 2014 Manhattan sales report and MNS Manhattan December 2014 report

    New York City rental prices fall behind San Francisco, investment sales end strong in the fourth quarter of 2014 and office leasing picks up during the final quarter of the year.

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  • effective-rent

    Effective rents in the Manhattan office market (Credit: CompStak)

    It may not be out with the old, but it’s certainly in with the new. Throughout Manhattan, new leases comprised a larger chunk of all office deals in 2014, rising to 63 percent from 55 percent year-over-year based on square footage leased. That’s according to CompStak’s latest rent report, provided exclusively to The Real Deal. [more]

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  • Effective rents in the Manhattan office market, Q3 2014 (Credit: CompStak)

    Effective rents in the Manhattan office market, Q3 2014 (Credit: CompStak)

    UPDATED, 5:52 p.m., October 29: Midtown South continues to hold the torch for the Manhattan office market – the tech-tenant magnet was responsible for 26 percent of the top 50 deals by square footage signed in the third quarter, and has seen six triple-digit deals so far this year, according to CompStak’s effective rent report provided exclusively to The Real Deal. [more]

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  • From left: Sufyan Sigg, Al Baumol and a screenshot of the TenSource platform

    From left: Sufyan Sigg, Al Baumol and a screenshot of the TenSource platform

    A commercial real estate technology startup is looking to turn the landlord-tenant matchmaking business on its head. TenSource, according to its founders Al Baumol and Sufyan Sigg, is the first online database for leasing brokers created to list and search for tenant requirements. While brokers described it as “a CoStar in reverse,” the fledgling firm faces a number of challenges. [more]

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  • From left: Empire State Building and Bulova watch

    From left: Empire State Building and Bulova watch

    Luxury watchmaker Bulova has agreed to take a full floor at the Empire State Building, a deal that will see its staff move from its current location in Queens.

    The company signed a 15-year lease for 33,214 square feet on the 29th floor of the iconic office building, the New York Post reported. Asking rent for the space was $60 per square foot. [more]

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