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Office Space on Broadway in the Financial District
Office Space on Broadway in the Financial District In 2016, office Space on Broadway in the Financial District is available at asking rents that range from $37.00 per rentable square foot up to $65.00. The differential in rents is attributable to a number of factors including: (1) building quality; (2) modernity; (3) centrality and proximity to…
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Leasing an Office near Grand Central Station, New York
Leasing an Office near Grand Central Station, New York Leasing an Office near Grand Central Station, New York was compiled using data provided by Costar, the Commercial Real Estate Information Company. Grand Central Market Snapshot: January 1, 2016 $64.83 Average quoted asking rent. 10.9% Total amount of vacant space. 50,188,189 SF of commercial space. 179 Buildings. …
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Real Estate News for New York Business- Special Interest Reports
Real Estate News for New York Business Real Estate News for New York Business is a selection of special interest reports from respected industry publications. Links are provided to original content. The Port Authority’s $4B Oculus is finally upon us: VIDEO by Alistair Gardiner, February 25, 2016 Much-criticized WTC transportation hub…
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Leasing Offices in Downtown New York City in 2016
Leasing Offices in Downtown New York City Leasing Offices in Downtown New York City was compiled using data provided by Costar, the Commercial Real Estate Information Company. Downtown NYC Snapshot: January 1, 2016 $50.45 Average quoted asking rent. 9.1% Total amount of vacant space. “Downtown NYC” is comprised of five sub-markets or districts: City Hall,…
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NYC Office Market Report, Year-End 2015
NYC Office Market Report, Year-End 2015 NYC Office Market Report- Year-End 2015 was compiled using data provided by Costar, the Commercial Real Estate Information Company. Market Snapshot $59.58 Average quoted asking rent. 7.5% Total amount of vacant space. NYC OFFICE Market Comparison- 2015 & 2014 …
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Subleasing an office near Grand Central Station, NYC
Subleasing an office near Grand Central Station, NYC If your business is thinking about subleasing an office near Grand Central Station, NYC there is (as of January 2016) a nice selection of high quality options to choose from. Notwithstanding, the rent for subleased office space has increased along with those leases made directly with…
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The 10 Most Lucrative Office Leases of 2015
The 10 Most Lucrative Office Lease of 2015 is an article (reprinted below) that appeared in The Real Deal on December 29, 2015. The Real Deal Magazine provides cutting edge news on the real estate market in New York City and beyond. Inclusion on the “10 Most” list required the convergence of three factors- Size,…
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Class A Financial Company Office Space in Midtown
Class A Financial Company Office Space in Midtown Throughout 2015 financial companies continued to lease a large volume of high-priced Class A office space in midtown Manhattan. Locating an office in midtown offers an easy commute from the affluent enclaves of Westchester, Connecticut and the Upper East/West Sides; a large selection of top-tier buildings; and…
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Cost of an Office in Chelsea… Avg. Quoted Rent now $61.29 PSF
The Cost of an Office in Chelsea The Cost of an Office in Chelsea at the end of the third quarter of 2015 averaged a quoted $61.29 per rentable square foot according to Costar, the Commercial Real Estate Information Company. The boundaries of the Chelsea sub-market are shown in the map below. Chelsea Office Rents…
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