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NYC Office Market Report, First Quarter 2017
NYC Office Market Report, First Quarter 2017 NYC Office Market Report, First Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company. The average quoted rent in the NYC office market across all building classes was $65.41 per square foot with a vacancy rate of 8.40%. For a more recent NYC Office…
Read MoreGrand Central Station Office Rental Guide 2017
Grand Central Station Office Rental Guide 2017 Grand Central Station Office Rentals are in adequate supply in 2017. According to Costar, the Source for Commercial Real Estate Intelligence, the Grand Central Station sub-market has a vacancy rate of 9.8% and the average quoted asking rent is $68.18 per square foot (PSF). The sub-market spans Fifth Avenue…
Read MoreCommercial Office Space Near the United Nations
Commercial Office Space Near the United Nations Commercial Office Space Near the United Nations is in limited supply. The majority of buildings in this area are residential. Costar Realty Information reports that the vacancy rate in the 34 buildings comprising the United Nations sub-market was 1% in the beginning of 2017. The majority of these…
Read MorePenn Station Sublease at 450 Seventh Avenue
Penn Station Sublease at 450 Seventh Avenue Penn Station Sublease at 450 Seventh Avenue reports on the availability of a furnished tower floor office opposite Penn Station. Penn Station along with Port Authority and Grand Central Stations are the largest New York City transportation hubs. Penn Station Sublease Facts at A Glance ● Located…
Read MoreNYC Office on Wall Street, First Quarter 2017 Report
NYC Office on Wall Street NYC Office on Wall Street, First Quarter 2017 provides essential information about the neighborhood, available office spaces and pricing. Because the New York City office market is large and complicated, using an experienced no fee commercial Tenant Representation Realtor is recommended. Now in its 17th year of business, Cogent Realty…
Read MoreUnderstanding Office Space for New Companies in NYC
Understanding Office Space for New Companies in NYC Understanding office space for new companies in NYC is intended for young businesses that lease commercial space. For newer business finding office space is challenging. A discussion about market conditions and strategy follows. (1) UNDERSTANDING OFFICE SPACE… SUPPLY At the start of 2017, the overall…
Read MoreNYC Office Market Report, Year-End 2016
NYC Office Market Report, Year-End 2016 NYC Office Market Report, Year-End 2016 was compiled using data provided by Costar, the Commercial Real Estate Information Company. The average quoted rent in the NYC office market across all building classes was $65.44 per square foot with a vacancy rate of 8.10%. For a more recent NYC Office Market Report LINK HERE…
Read MoreReal Estate News for New York Business, 2016 Year-End and 2017
Real Estate News for New York Business, 2016 Year-End and 2017 Real Estate News for New York Business, 2016 Year-End and 2017 is a selection of special interest reports from a variety of publications. Links are provided to original content. 2016 Another Banner Year for Commercial Real Estate By CoStar News Staff…
Read MoreNew York Office Buildings with Observation Decks
New York Office Buildings with Observation Decks New York Office Buildings with Observation Decks were located throughout Manhattan during the 20th Century. They included: Flatiron Building- 175 Fifth Avenue; Chrysler Building- 405 Lexington Avenue; Citibank Building- 20 Exchange Place; and the Cities Service Building- 70 Pine Street; For a photo-rich examination of this grand era link to…
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