Co-working firm gets 50K sf, low rent at Trump’s 40 Wall Street
The Trump Organization has nabbed a new tenant at 40 Wall Street, with Jay Suites inking a 12-year deal...
Downtown Office Market
The Latest
Silverstein refis 7 World Trade with $458M in green bonds
Silverstein Properties has closed on a $457.5 million refinancing at 7 World Trade Center, its LEED Gold office tower...
Developer plans boutique office above Wall Street hangout Harry’s
The historic building that’s home to Wall Street power lunch hangout Harry’s has a new owner. SomeraRoad purchased a...
National
Suburban office demand spikes as working from home continues
Interest in small suburban offices is picking up as more people continue to work from home, and relocate outside...
Silverstein may build 2 WTC on spec
After searching for years for an anchor tenant, Silverstein Properties may now go ahead and build the skyscraper on spec. Given what he described as a strong economy and leasing momentum at nearby towers,...
Downtown asking rents soar as TAMI tenants move in
TAMI tenants — long drawn to Midtown South — are flocking to the Downtown office market, pushing the average...
Downtown office market begins 2017 with strong Q1
Downtown Manhattan’s office market has its best quarter in two years. Led by big leases like Spotify’s 378,000-square-foot deal...
Downtown landlords keep repricing higher as other submarkets seesaw
Midtown and Midtown South — two of Manhattan’s three office submarkets — have been all over the map when...
New Downtown office record quells fears of oversupply: CBRE
For the first time since 3 million square feet of space became available at One World Trade Center, Downtown...
Manhattan office leasing down 11% this year
The Manhattan office market remained steady with 2.3 million square feet of leases signed in April – though year-to-date leasing figures of nearly 9 million square feet represent a nearly 11 percent drop from...