Top Cassidy Turley NYC researcher jumps to NGKF
The head of research for the Tri-State area at Cassidy Turley is moving to Newmark Grubb Knight Frank to...
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Brokerage looks to Condé Nast to entice tenants downtown
Nearly a month after Condé Nast formally agreed to lease about 1 million square feet in 1 World Trade Center,...
Class B properties drag Midtown recovery
Midtown’s smaller and older Class B buildings have vacancy rates rising and asking rents declining, bucking the overall positive trend in Manhattan’s largest market, a monthly report from commercial services firm Cassidy Turley shows....
NYC office vacancies up in first quarter despite best jobs figures since 2000: report
Source: Cassidy Turley The Manhattan office vacancy rate ticked up in the first quarter of 2011 even as employment...
NYC office sublease inventory drops sharply
New York City’s office subleasing marketing is drying up, and landlords are readying for rent hikes in its wake,...
More Midtown landlords publish asking rents
When the office leasing market began to collapse more than two years ago, Midtown Class A landlords fearful of putting out the wrong price in the volatile market pulled back from listing their asking...
Midtown vacancy rates drop, but so do rents, Cassidy reports
The office leasing market in Manhattan was mixed last month with a decline in overall vacancy rates that pointed...
UBS shopping for NYC-area office space
Swiss bank UBS is said to be on the hunt for some 800,000 square feet of New York-area office space, making it the largest tenant in the market, Bloomberg reported. UBS already has roughly...
Manhattan Class A vacancy rate highest since 1997
The vacancy rate for Class A office buildings in Manhattan last month reached its highest level since April 1997,...
Commercial investors may look to Worldwide Plaza as model
From left: Worldwide Plaza, Peter Duncan Real estate investor Peter Duncan, who scored a deal on the 49-story Worldwide...