Which Manhattan neighborhood saw a recent large decline in office space? All of them.
Notable declines in availability observed in Midtown, Midtown South and downtown
Manhattan has witnessed a rapid decline in available office space. Where that decline is occurring will surprise many.
High rents can’t keep renters away from New York
Apartment demand has surged over the past 12 months
Rents in certain New York neighborhoods can easily cause someone to pause and rethink their life choices. However, it's clear that the pause is short-lived as renter demand in New ...
After years of buildup, Class B office space in New York is finally shrinking
Available space still has a long way to go to reach pre-pandemic totals
While Manhattan trophy office buildings garner all the interest, it's vintage office buildings that are quietly having a moment.
Studio shock: Six-figure salary needed to rent small spaces in these neighborhoods
Tiny apartments in many high-demand parts of New York come with a high price tag
In select New York City neighborhoods, a six-figure salary is now the price of entry, and that’s just for a studio apartment.
New York's office leasing recovery moves into its next phase
In a first, new leases for initial six months of 2025 surpass some years leading up to pandemic
While much of the conversation about the U.S. office sector centers on "recovery," the reality for New York City is far more promising.
NYC’s next mayor faces a housing test other cities already have passed
Lessons to be learned as other cities ramp up housing construction
Early voting has just begun in an intense Democratic primary in New York City, with candidates vying for the chance to become the Big Apple’s next mayor.
Stability defines New York's medical office sector
CoStar Group releases new quarterly medical office report for major US markets
While the massive improvement witnessed over the past two years can explain the health of New York's office sector, the medical office sector is characterized by stability.
Empty aisles, big questions: The future of NYC retail after Rite Aid closures
Experts weigh in on what the future holds for these vacant storefronts
A fresh batch of vacant storefronts is popping up across New York City.
While the U.S. waits for tenants, NYC trophy offices are being scooped up
High-profile, high-priced office space in New York continues to fly off the shelves
While a flight to quality is well underway among office occupiers, a clear divide has emerged between New York City and the rest of the nation.
These US cities gained — and lost — the most people in 2024
Texas cities dominate the list of population-gaining places but New York City captures the title
According to newly released statistics from the U.S. Census Bureau, Texas cities experienced some of the largest population gains during 2024.
Rent increases return to most major US apartment markets, led by these cities
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Apartment rents are showing signs of a rebound in early 2025.
New York apartment rent growth rebounds in the first quarter
Increase arrives after a relatively flat performance in the six months prior
Apartment rents in New York are increasing again, albeit at a faster rate during the first quarter of 2025.
New York's population surges, but apartment construction hits the brakes
Building starts plummet further during first few months of 2025
Developers typically target markets with strong rental demand when building new apartments.
Wave of industrial sublet space slows in New York
Available sublet space in industrial sector reached 10.4 million square feet in March
Bright spots in New York’s industrial sector are few and far between lately.
These US industrial markets saw available space grow ahead of tariff announcement
Many occupiers appear to hit the pause button
In real estate, timing matters.
New York industrial availability hits 10-year high
Availability rate has risen for 11 consecutive quarters
Whether driven by a leasing slowdown, a surge in new construction or, more recently, uncertainty stemming from aggressive tariff policies, the outcome is clear: New York’s industri...
New York City office glut shrinks fastest among major U.S. cities during first quarter
New leasing drives availability downward in the 'Big Apple'
When it comes to the performance of the office sector, the cream continues to rise to the top.
Where multifamily construction activity has decreased the most
Some of the largest declines occurred throughout California
In a telling measure of how much developers have pulled back from building new apartments, annual construction starts, the measure of how many units begin construction in a given y...
Chicago's office availability moving in lock-step with national average
Office availability rate in the Windy City remains unchanged over the past year
Among major U.S. office markets, Chicago's recent performance appears to be squarely in the middle of the pack.
Manhattan's office recovery has not yet extended into Brooklyn
Availability levels and leasing totals are not changing much year over year
It's clear that the New York office sector is heading toward better days, but the road to recovery has been more apparent for some than others.