Posts Tagged ‘NYC Office Market Report’

New York City Office Leasing Report Year End 2021 New York City Office Leasing Report Year End 2021. The Covid-19 Omicron variant has curtailed the return-to-office plans of many companies. As a result, they continue to operate remotely and office usage in NYC remains among the lowest in the US. Even before Omicron, NYC companies were…

Office Leasing in New York City, 3rd Quarter 2021 Report Office Leasing in New York City, 3rd Quarter 2021 Report. For the 70.9% of New Yorkers that are vaccinated, it is now safe to return to work and imperative for the city’s economy that they do so. Unfortunately, with the identification of the Delta variant,…

NYC OFFICE MARKET REPORT, THIRD QUARTER 2018 NYC Office Market Report, Third Quarter 2018 was compiled using data provided by Costar, the Commercial Real Estate Information Company. This report is written for business owners that need accurate information about the local office market.    In the third quarter of 2018 the average quoted rent in the NYC office…

NYC Office Market Report, Fourth Quarter 2017 NYC Office Market Report, Fourth Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company. In the fourth quarter of 2017 the average quoted rent in the NYC office market across all building classes was $65.96 per square foot. This represents a $0.26 PSF increase compared to…

NYC Office Market Report, Second Quarter 2017 NYC Office Market Report, Second Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company.     In Q2 2017 the average quoted rent in the NYC office market across all building classes was $59.93 per square foot. This represents a $5.48 per square foot decrease…

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…