Manhattan Retail Market Riding Tailwinds of Strong Tourism and Lower Asking Rents
The Manhattan retail market is making strides thanks to an increase in tourism and lower asking rents attracting tenants to sign deals.
Stay updated with breaking news from Keith Decoster. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Manhattan retail market is making strides thanks to an increase in tourism and lower asking rents attracting tenants to sign deals.
In the summer of 2022, the 1.7 million square-foot office tower at 787 Seventh Avenue was less than 20% occupied by employees of such tenants as BNP...
Adaptation to hybrid work and prioritizing employee wellness are crucial in the post-pandemic workplace.
Brokers' confidence in New York City's commercial real estate market hit an all-time low in the first quarter of 2023.
The latest report, from the Real Estate Board of New York, finds Class A office buildings have higher occupancy rates.