newsletter

Has the chicken come home to roost in Albany? | Over the past fifteen years, New York’s real estate landscape has been characterized by an increasing amount of regulation. This trend, advanced by... [Read more...]

Closing Time | In the Midtown office market, there's been a notable increase in building trades as of late due to lender exhaustion, failed business plans and a myriad of other reasons. While... [Read more...]

A Third Avenue Advantage | I wanted to share some advantages and opportunities that exist on the Third Avenue office corridor relative to the neighboring Avenues. With smaller floor plates and... [Read more...]

Two Recent Engagements | On two recent client engagements, the client's call came in after receiving an unsolicited proposal from their Landlord to extend their lease, even though there was 3+... [Read more...]

Clarity in the Uncertainty | Uncertainty is the bane of financial markets, causing fluctuations in the valuation and pricing of assets. Midtown Manhattan's office market has been no exception,... [Read more...]

Big Market for Small Business | "The brains of humans contain a mechanism that is designed to give priority to bad news." - Daniel Kahnema While the general office market narrative today tends to... [Read more...]

Momentum and Misery: A Tale of Two Buildings | As the summer comes to a close, many of the trends in the Midtown Manhattan office market have come into clearer focus: I. Class A Competitiveness ... [Read more...]

Midtown Office Buildings: 80% full or 20% empty | The vacancy rate of Midtown office buildings was recently reported to be approximately 20%, as concerns in the market continue to linger around the... [Read more...]

What's in a negotiation? | "If you don't ask, the answer is always no!" In a Tenant's market, most will focus their fight on a better rent and while there is certainly much to be won there, here are... [Read more...]