Downtown Office Market


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Silverstein may build 2 WTC on spec

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,...

Silverstein may build 2 WTC on spec
From left: Larry Silverstein, $ World Trade Center and Spotify's Daniel Ek

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 asking rents soar as TAMI tenants move in
Downtown office market begins 2017 with strong Q1

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 office market begins 2017 with strong Q1
Manhattan office leasing down 11% this year

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...

Manhattan office leasing down 11% this year

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