| | NYC Real Estate News Archive for 2005  | |
| | December 2005 -- The Manhattan office market continues to tighten to record low vacancies... |  |
| | November 2005 -- The overall office market in Manhattan continues the long trend of tightening. | |
| | October 2005 -- Office rents in Midtown moderated as the office market cooled over the summer. | |
| | September 2005 -- Office rents in Midtown moderated as the office market cooled over the summer. | |
| | August 2005 -- The market continues to tighten as the employment continues to increase and demand is strong. | |
| | July 2005 -- Two more sports stadiums are announced ( Mets and Yankees) bring the total to four proposed stadiums in NYC. | |
| | June 2005 -- The market continues to tighten as new construction is delayed and existing space gets absorbed. | |
| | May 2005 -- The Consumer Price Index (CPI) rose 1.7 percent in the New York City area, the largest month-over-month increase... | |
| | April 2005 -- It was a busy month with an active Manhattan leasing market, New York building sales and the New York Jets... | |
| | March 2005 -- With an 8.6% vacancy rate and little new construction planned, the Midtown office market continues to tighten. | |
| | February 2005 -- Midtown and Soho Landlords continue to test the market to see how high they can raise their rents while... | |
| | January 2005 -- Landlords in the Plaza district have hopes of getting $100/RSF again with the General Motors building already there. | |
| | Manhattan Real Estate News Archive for 2004 | |
| | December 2004 -- Office vacancy declines as the local economy improves and NY unemployment declines to 6.1%. | |
| | November 2004 -- The Office Market continues to tighten with no new buildings until the 3rd quarter of 2005... | |
| | October 2004 -- Landlords are feeling upbeat based on the declining vacancy figures for class A office are down to 10.5% from 10.6%... | |
| | September 2004 -- Landlords are optimistic about rents rising and are slowly raising rents and decreasing concessions... | |
| | August 2004 -- The downtown markets slowly deteriorate as new buildings are built and additional spaces are vacated as companies... | |
| | July 2004 -- New York City's unemployment rate fell for a fourth consecutive month, dropping to 7%, as compared to a year earlier when... | |
| | June 2004 -- Downtown vacancy increased while Midtown and Midtown South vacancy remained largely unchanged. | |
| | May 2004 -- Class A Manhattan office rental market vacancies increased by 4.89% this month after declining for the past 5 months... | |
| | April 2004 -- Vacancy rates continue to decline, combined with strong demand, limited new construction and ... | |
| | March 2004 -- Class A New York Office rental market continues to tighten and rents start to rise as the economy recovers. | |
| | February 2004 -- Vacancy rates decrease in Midtown and Downtown as major space commitments are made. | |
| | January 2004 -- Rents are off their recent lows as landlord's expectations of future market conditions have begun to change... | |
| | New York City Real Estate News Archive for 2003 | |
| | December 2003 -- The Midtown, Midtown South and Downtown markets were relatively flat with minor tightening, as prices remained... | |
| | November 2003 -- The Total Manhattan Office lease market remained flat, with vacancies increasing slightly from 47.68 million RSF to... | |
| | October 2003 -- As Manhattan office, retail and industrial vacancies continue to decline, landlords are starting to decrease... | |
| | September 2003 -- The Buildings for Sale Market remains robust with no sign of letting up in the short term. | |
| | August 2003 -- Signs of economic recovery appear as Wall Street layoffs abate, low interest rates continue and threats of war... | |
| | July 2003 -- Several major corporations have relocated within Manhattan by signing large long-term leases... | |
| | June 2003 -- There are some signs of improvement in the commercial real estate market in Manhattan. | |
| | May 2003 -- Huge City and State budget deficits will pose two risks to the already fragile NYC economy. | |
| | April 2003 -- With the war in Iraq now in full bloom, apprehension over a prolonged conflict coupled with a lackluster economic outlook ... | |
| | March 2003 -- Prices continued to soften as major landlords offered further 10-15% price reductions. | |
| | February 2003 -- In the past 30 days, Manhattan vacant office space increased by 1.93 million Rentable Square Feet (RSF). | |
| | January 2003 -- Office vacancy rates continue their consecutive monthly decline in Manhattan as major firms make major long-term... | |
| | Manhattan Real Estate News Archive for 2002 | |
| | December 2002 -- Continued Wall Street layoffs and the new Federal White Paper requiring financial firms to be diversified... | |
| | November 2002 -- Midtown sublease prices in Class "A" (Fancy new building) buildings are amazingly low. | |
| | October 2002 -- Prices continue to drift downward as companies are holding off on finalizing leasing decisions. | |
| | September 2002 -- Prices continue to drift downward as more space comes on the market and companies are being cautious in... | |
| | August 2002 -- Commercial vacancies continue to mount as more space continues to come on the market. | |
| | July 2002 -- Prices continue to slide as the amount of vacant space continues to rise with rents now being 50% lower than a year ago. | |
| | June 2002 -- Effective rents of Downtown spaces with economic incentives are phenomenal deals. | |
| | May 2002 -- Phenomenal prices abound for commercial space throughout Manhattan. | |
| | April 2002 -- Market activity was up dramatically last month, after being subdued for three to four months. | |
| | March 2002 -- Market availabilities are relatively unchanged in past 30 days with prices drifting slightly downward. | |
| | February 2002 -- 3,500,000 feet in the most desirable office buildings and 4,500,000 feet of Class B and C office space have been... | |
| | January 2002 -- Rental prices continue to moderate with more free rent and work being offered. | |
