December 1, 2017

New Age Perks for Millennial Tenants

  

Employers today are striving more and more to create an office environment that is collaborative, spacious and fun in order to entice millennial tenants. Common features of the contemporary workplace include open floor plans,...

November 24, 2017

Commercial Scorecard – Manhattan Office Leasing

Midtown office leasing rose by 26% in September from the prior month. Tenants signed leases for 1.9 million square feet, which pushed the area’s availability rate down to 11.6%. Asking rents rose by $0.17 per square foot t...

November 17, 2017

WeWork To Buy London Office Complex

WeWork has agreed to buy the Blackstone Group’s London office complex Devonshire Square for around $785 million. This big deal comes on the heels of another major acquisition by WeWork, the purchase of the Lord & Taylor building in Mi...

November 7, 2017

Manhattan Office Leasing Activity Held Strong in Q3

The Manhattan office leasing market continues to show signs of strength via positive net absorption figures and double-digit percent increases over last year. Total leasing activity of 7.4 million square feet in the th...

October 29, 2017

Employers Want to Give Workers More Space


Current and future trend reports show that overall, employers want to give their workers more space. It is likely that offices have reached the limit of densification for personal workstations, with the result being a greater e...

October 23, 2017

Subleasing office space can be a great tool to secure a office space for shorter terms and at lower rates. But there are a few things you need to know before jumping in.

October 20, 2017

Large Deals Lift Manhattan Office Market


Lease deals of over 100,000 square feet propelled Manhattan’s office market to its strongest quarter this year. Leases in Manhattan reached 8.1 million square feet during the third quarter, the highest in the borough so far this...

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7 Important Factors to Keep in Mind when Subleasing Office Space

October 23, 2017

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© 2018 David Reich

Some content on this site is © 2018 Norman Bobrow & Co, Inc., used by permission