Momentum and Misery: A Tale of Two Buildings | As the summer comes to a close, many of the trends in the Midtown Manhattan office market have come into clearer focus: I. Class A Competitiveness ...
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Midtown Office Buildings: 80% full or 20% empty | The vacancy rate of Midtown office buildings was recently reported to be approximately 20%, as concerns in the market continue to linger around the...
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What's in a negotiation? | "If you don't ask, the answer is always no!" In a Tenant's market, most will focus their fight on a better rent and while there is certainly much to be won there, here are...
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Base Rent vs. Cash Flow | This month I’d like to highlight a recurring theme in the direct leases that we’ve recently negotiated, one that has created great value to both tenants (lowering...
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Seriously, how's the market? | Over the past three years, it’s the question that I’m asked most frequently and often with an increasingly curious, if slightly sympathetic, tone.And for good...
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The Price is (may not be) Right | Renewing your lease is often the easiest route; are you approaching it correctly? While some organizations can be more nimble than others, relocating your...
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Reality Setting In | There's an old saying: “by the time it hits the news, it’s already old news”.With several recent reports highlighting some of the major challenges facing the Midtown office...
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A Real-Time Narrative | We connect with Midtown business executives daily to probe and hear anything and everything related to their office space. In that vein, I wanted to share several of the...
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Office Space Buildup: 2022 has certainly been an interesting year thus far. The first half of the year effectively marked ‘the end’ of COVID (ie. lifted mask requirements, end of private vaccine...
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