Recent Blog Posts

  • Cushman & Wakefield Secures NYC’s Largest Leases in June
    Last week, The Real Deal released June’s top 10 office and retail leases in New York City, and Cushman & Wakefield closed the two largest office leases and the fourth and fifth largest retail deals of the month. The largest office lease of June was NYU Langone Medical Center’s renewal and expansion lease... Read more »
  • Asking Rents are Lighting Up in Nine New York City Submarkets
    By Richard Persichetti, Vice President, Tri-State Research Lead The 4th of July is upon us, and there is plenty to celebrate. Although direct average asking rents in Manhattan for all classes of office space are down 1.2 percent year-over-year, there have been some submarkets with skyrocketing rents. So whether you prefer... Read more »
  • Vacancy Heats Up in 10 Submarkets to Start the Summer
    By Richard Persichetti, Vice President, Tri-State Research Lead It is the first official day of summer! As the weather starts to really heat up, let’s take a look at the hottest submarkets and examine which ones had the most scorching changes in office space vacancy over the past year. Below Freezing: >100-basis-point... Read more »
  • Kenji Ota and Neil Seth Win REBNY’s Most Significant Retail Deal of the Year Award
    From left: Bob Gibson, Patrick A. Smith, Benjamin Birnbaum, Ben Shapiro, Matt Ogle, Bill Rudin, John H. Banks, Corey Zolcinski, Neil Seth, Kenji Ota, Steven Soutendijk/ Credit: Jill Lotenberg On June 12, 2018, the Real Estate Board of New York (REBNY) hosted the 20th Annual Retail Deal of the Year Awards... Read more »
  • Stat of the Week: Financial Sector Undefeated in Group Play
    By Richard Persichetti, Vice President, Tri-State Research Lead Stat of the Week, Cushman & Wakefield Leasing continues to dominate headlines, as there was 6.7 million square feet of new leasing activity in April and May. These two consecutive strong months have put new leasing activity ahead of 2017’s pace by 7.9 percent... Read more »
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