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NYC Office Market Report, Second Quarter 2016
NYC Office Market Report, Second Quarter 2016 NYC Office Market Report, Second Quarter 2016 was compiled using data provided by Costar, the Commercial Real Estate Information Company. Market Snapshot: $60.26 Average quoted asking rent.…
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Office Rental Rates in the Plaza District
Office Rental Rates in the Plaza District Office Rental Rates in the Plaza District at the end of the first quarter of 2016 increased less than 1% over the quoted rent at the end of 2015. This long awaited respite portends a market that is close to its peak. As reported by Costar, the Commercial Real Estate…
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Broadway Office Space between 34th and 42nd Street
Broadway Office Space between 42nd and 34th Street Broadway office buildings between 34th Street and 42nd Street have experienced a renaissance over the past few years and are in strong demand. The reasons for this include: (1) Location: Buildings along this stretch of Broadway are nearly equidistant between the major transportation hubs of Penn Station,…
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The Price of Renting an office near Grand Central in 2016
The Price of Renting an Office near Grand Central Station in 2016 The price of renting an office near Grand Central Station in the first quarter of 2016 increased 1.3% over the quoted rent at the end 2015. As reported by Costar, the Commercial Real Estate Information Company, the average rent in the first quarter of…
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NYC Office Market Report, First Quarter 2016
NYC Office Market Report, First Quarter 2016 NYC Office Market Report, First Quarter 2016 was compiled using data provided by Costar, the Commercial Real Estate Information Company. Market Snapshot: $59.55 Average quoted asking rent. …
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1 and 2 Penn Plaza Class A Office Space in 2016
In 2016 there is a substantial inventory of Class A office space available at 1 Penn Plaza, but 2 Penn Plaza remains 100% occupied. The buildings deliver the highest quality corporate headquarters environment in the area and provide direct access to the Penn Station transportation hub. Vornado Realty Trust, which owns and manages these and nearby buildings,…
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Empire State Building Offices for Lease in 2016
Empire State Building Offices for Lease in 2016 If you are thinking about leasing an office at the Empire State Building (ESB) in 2016 there is a wide selection of intelligently designed PRE-BUILT offices that are ready for immediate occupancy. All offices at the ESB feature interior finishes which exceed those found in most other…
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Office for Rent at the Woolworth Building, 233 Broadway NYC
Office for Rent at the Woolworth Building, 233 Broadway NYC Located at 233 Broadway, opposite City Hall Park, the Woolworth Building can provide your business with a spectacular landmark environment, modern offices and excellent access to public transportation. As of January 2016 asking rents at the Woolworth Building ranged from $58.00…
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New Office Building Designed for Hedge Funds, Private Equity and Family Offices
New Office Building Designed for Hedge Funds, Private Equity and Family Offices New York City has a new office building designed specifically for hedge funds, private equity and family offices. 34 East 51st Street between Madison and Park Avenues is a boutique corporate headquarters that is scheduled to open in mid- 2016. Designed by the…
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