Stamford office market approaches mid-point of year in a holding pattern
Demand underwhelming thus far in 2025
The office market in Stamford, Connecticut, is nearing the middle of 2025 with a narrative that is more or less unchanged from where it was a year ago. Vacancy, at 15.1%, was flat ...
Brooklyn office market starts 2025 with a boost
Education tenants drive increased leasing activity
The Brooklyn office market started 2025 with an upswell in new leasing activity. The reversal of trends from 2024, namely larger deals replacing smaller ones, helped propel leasing...
Investment property sales in Connecticut state capital stall at beginning of 2025
Hartford logged just $171 million in first-quarter sales, 20% below the quarterly average for 2017 to 2019
Commercial property sales in Hartford, Connecticut, managed just over $830 million in 2024, well below the unusually heady sales totals in 2021 and 2022, but a close return to the ...
Demand dips for higher-tier multifamily properties so far this year in Stamford
In comparison, demand during 2024 was above long-term average
The multifamily market in Stamford, Connecticut, has had a strong run over the past five years, with a vigorous schedule of unit completions and robust demand. Performance in the f...
World Trade Center is a bright spot in a languishing downtown Manhattan
Jane Street's transaction provides needed boost to leasing
The World Trade Center office node is performing well compared to other areas of downtown Manhattan. Vacancy, at 12.7%, is down relative to its pandemic peak and below the 13.5% av...
Apartment completions in Hartford hit all-time high in 2024
New supply puts upward pressure on vacancy rate
The multifamily market in Hartford, Connecticut, is experiencing an upswell of construction. In annual terms, 2024 saw an all-time high in units completed, with more than 2,000 com...
New Haven's industrial market still struggling with vacancy, leasing
Total available space down since 2020, but sublet space has tripled
Despite finishing 2024 with two consecutive quarters of positive net absorption, the industrial market in New Haven, Connecticut, has not turned the corner yet. The beginning of 20...
Hartford's higher-quality office buildings continue to struggle post-pandemic
More than one-quarter of all available space concentrated in just seven buildings
The office market in Hartford, Connecticut, continued to languish at the beginning of 2025. Among four- and five-star properties, the availability rate — currently at 23.7% — has m...
Many New York office markets are seeing 'flight to quality.' Not Westchester County
Large portion of availability concentrated in a handful of buildings
Westchester County’s office market — a subset of the broader New York market — continues to struggle at the beginning of 2025. The availability rate among four- and five-star prope...
Multifamily performance in Queens, New York, remains strong so far this year
Vacancy rate currently sits below long-term average
Of the many regions in New York City’s multifamily market, the borough of Queens continues to outperform both the total market and the national average.
Multifamily unit completions hit all-time high last year in New Haven
New construction pushes up vacancy
The multifamily market in New Haven, Connecticut, has been experiencing a construction boom for several years. In annual terms, 2024 saw an all-time high in units completed, with n...
For fifth-straight year in Stamford, new leasing volume for small-bay properties beats pre-pandemic average
New leasing keeps industrial vacancy rate below the national average
Like many markets across the United States, Stamford, Connecticut’s industrial sector has experienced a significant cooling in the past few quarters. Total new leasing is below pre...
Manhattan's commercial property sales volume on par with pre-pandemic level
Investment volume increases for third consecutive quarter
Manhattan’s sales volume for all commercial property types surpassed $5 billion in the fourth quarter of 2024, the highest quarterly total since the opening quarter of 2022. Invest...
Stamford's property investment volume accelerates for third consecutive quarter
Quarterly sales volume at highest level since fourth quarter of 2022
Quarterly sales volume in the Stamford, Connecticut, commercial real estate market surpassed $380 million in the fourth quarter of 2024 — the highest level in two years. Investment...
Average age of Manhattan office buildings approaches 100 years
Aging office stock poses challenges for some New York City owners
Manhattan — a subsection of the largest office U.S. real estate market, New York City — has an office inventory of almost 600 million square feet, and it's approaching a major mile...
Stamford's office leasing accelerates past pre-pandemic levels
New leasing volume surged to best year since 2017
After several years of struggling demand, the Stamford, Connecticut, office market posted impressive new leasing volume in 2024, with 2.4 million square feet of activity — the high...
Stamford, Connecticut, has the fastest-growing multifamily market in the Northeast
Four- and five-star units constitute the vast majority of new construction
The multifamily market in Stamford, Connecticut, has experienced extensive growth in the past decade. Total inventory has increased 58% as of the year to date in 2024 to a record h...