Retail update 42-47th Street

sps — Wed, 21 Jul 2010 14:24:53 +0000

There's a retail leasing frenzy on Fifth Avenue between 42nd-47th streets -- a stretch still full of tourist-oriented junk shops, but juiced up in The past few years with stores such as Barnes & Noble, American Girl Place and Zara. Guess has just taken 13,000 square feet on two levels at Metropolitan Life's 575 Fifth Ave. -- a long vacant space recently redesigned to create more window exposure. That deal came on The heels of Urban Outfitters' lease at SL Green's 521 Fifth Ave. between 43rd-44th streets. Urban Outfitters is taking 16,000 square feet on The ground (asking rent: $350 a square foot) plus 16,000 feet more on The second floor (ask: $100 a foot). "It becomes an anchor for The blocks below St. Patrick's, which were always perceived as a difficult area for retailers."

Want a Meatpacking Office But Don't Have The Budget

admin — Wed, 07 Jul 2010 14:28:07 +0000

Rent Meatpacking District Office Space > Find Meatpacking District listings

The Meatpacking District is a neighborhood in the New York City borough of Manhattan which runs roughly from West 14th Street south to Gansevoort Street, and from the Hudson River east to Hudson Street, although it has extended to the north to West 16th Street and east beyond Hudson Street in recent years.

Although once the centerplace of New York’s packing plants and slaughterhouses, the area has become, like the adjacent neighborhood of Chelsea, a famous area for bars, clubs and other nightlife activities. Big warehouses and large city blocks allow for spacious lofts. Famous designers and luxury brands have opened stores in the area.

Office Spaces for rent in Meatpacking District Manhattan, NY

July 2010: New York City Office, Retail and Industrial Market Report

admin — Tue, 29 Jun 2010 20:21:29 +0000

Leasing volume spikes, as firms lock in low rents. Office vacancy increases, as most firms are taking smaller spaces. Landlords are encouraged by the strong uptick in leasing volumes and are starting to think about raising prices or lowering concessions.

New York City Market Overview:

Manhattan office vacancy rates declined in May on the strongest leasing activity in more than three years. Manhattan's overall office vacancy rate dropped to 11.3 percent in May from 11.5 percent in April. For the same time period, the overall Midtown Manhattan vacancy rate declined to 12.1 percent from

July 2010 Manhattan Real Estate Graphs and Statistics

admin — Tue, 29 Jun 2010 14:34:58 +0000

Finding your Ideal New York City Space

Finding the ideal Manhattan Office Space or NYC Retail Space is critical for your business to be successful in New York. As NY Tenant Brokers, we are your partner helping to meet the changing needs of your businesses as it grows and evolves, demanding more space.

New York Commercial Brokerage Services

admin — Mon, 14 Jun 2010 18:18:29 +0000

Optimal Spaces solves real estate problems for corporate users of office, industrial, and retail space resulting in cost savings of 15-20% or more.

Why not do it yourself?

You will encounter incomplete listings and only have a small picture of the options available to you.
You will see only public spaces lacking harder-to-find private spaces.
You will have to spend your own time, 100-200 hours if you were to do your own search, calls, paperwork, and follow-up.
You will need to learn essential information and understand entire commercial real estate process.

June 2010: New York City Office, Retail and Industrial Market Report

admin — Tue, 01 Jun 2010 16:31:35 +0000

I just returned from the International Council of Shopping Centers Convention in Las Vegas. The big surprise is how dramatically improved the attitude is compared to a year ago when all was lost. Attendance was up over previous years. People were looking to buy distressed debt, only to find out it is still not readily available.

Search for office space to lease in New York

admin — Thu, 27 May 2010 20:36:57 +0000

With Manhattan office leases at an all time high, it is more important than ever to know your options. The recent layoffs from Wall Street should add back some office space, at a time when it is most needed, and temper landlord rent demands.

Leasing New York Office Space

We can help show you the best new york real estate options:

Lehman to recover $12 billion from real estate

admin — Tue, 04 May 2010 14:23:03 +0000

RGPESZFSDNKY Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, said it aims to recover $12 billion from real estate assets in the next five years, and another $17 billion from private equity and loans.

Lehman, which filed the biggest U.S. bankruptcy in September 2008, disclosed the updated figures in a filing with the U.S. Securities and Exchange Commission Monday.

May 2010: New York City Office, Retail and Industrial Market Report

admin — Mon, 03 May 2010 00:03:51 +0000

New York City Market Overview:

The best lease deals are being done now.
Manhattan Office and Retail rents are at the bottom.
Landlords are still offering generous concession packages to close leases, especially for larger users. This will not last.

Concessions still key to grabbing tenants. More and more real estate professionals are talking about the market bottoming out, with two more major brokerage firm feeling that we have also reached the bottom.

Levin slams Domino Sugar proposal

admin — Thu, 29 Apr 2010 18:19:09 +0000

As expected, City Council member Steve Levin came out swinging at last night's City Planning Commission hearing on the proposed $1.2 billion redevelopment of the Domino Sugar factory on the Williamsburg waterfront. Levin called for 40 percent of the project's housing units to be slated for below-market-rate tenants and for the entire complex to be scaled down to 1,600 units from 2,200.

New York City Commercial Real Estate Broker

Retail update 42-47th Street

Want a Meatpacking Office But Don't Have The Budget

Rent Meatpacking District Office Space > Find Meatpacking District listings

July 2010: New York City Office, Retail and Industrial Market Report

New York City Market Overview:

July 2010 Manhattan Real Estate Graphs and Statistics

Finding your Ideal New York City Space

New York Commercial Brokerage Services

Why not do it yourself?

June 2010: New York City Office, Retail and Industrial Market Report

Search for office space to lease in New York

Leasing New York Office Space

Lehman to recover $12 billion from real estate

May 2010: New York City Office, Retail and Industrial Market Report

New York City Market Overview:

Levin slams Domino Sugar proposal