Do the Largest Nonprofits in NYC – Lease, Own, or have a 30-Yr Leasehold Condo
Do the Largest Nonprofits in NYC – Lease, Own, or have a 30-Yr Leasehold Condo Relocating an office or expanding a program presents significant decisions for any nonprofit. Identifying the ideal neighborhood and determining the most advantageous occupancy structure – whether leasing, purchasing, or a long-term leasehold – are critical factors. Having a high-quality market […]
What’s Happening in Downtown Office Leasing Market – Q1 2025
What’s Happening in Downtown Office Leasing Market – Q1 2025 Downtown office leasing demand rebounded sharply in Q1 2025 with 1.42 million sq. ft of activity—nearly a four-fold increase from the prior quarter and more than double the five-year quarterly average of 674,000 sq. ft. While much of this activity emanated from Jane Street’s nearly […]
What’s Happening in Midtown South Office Leasing Market – Q1 2025 Update
What’s Happening in Midtown South Office Leasing Market – Q1 2025 Update Midtown South’s 2024 second half of the year resurgence carried over into 2025, as nearly every facet of the market began the year with strong performance. Leasing activity (which excludes renewals) led the way, amassing its highest total to start a year in […]
What’s Happening in Midtown Office Leasing Market – Q1 2025 Update
What’s Happening in Midtown Office Leasing Market – Q1 2025 Update Showing continued signs of strength, Midtown’s leasing activity reached 4.85 million sq. ft., the highest Q1 total since 2004, but 14% below Q4 2024. While Amazon had the largest lease of the quarter at over 192,000 SF at 237 Park Avenue, it was the […]
The Nonprofit Map & Key Trends in NYC Nonprofit Real Estate Occupancy (Based on Top 100 Occupiers)
The Nonprofit Map & Key Trends in NYC Nonprofit Real Estate Occupancy (Based on Top 100 Occupiers): Analysis of the real estate holdings of the 100 largest nonprofit organizations in New York City (defined by a minimum occupancy of approximately 35,000 sq ft) reveals several notable trends: Geographic Concentration: The majority of these large nonprofits […]
The Defining Facts of the Q1 2025 Leasing Market
The Defining Facts of the Q1 2025 Leasing Market A strong start to 2025 indicates a significant resurgence in the Manhattan office leasing market, presenting encouraging trends across all submarkets. Below are 11 defining facts highlighting the activity in Q1: Manhattan Overall: Manhattan’s leasing market experienced robust activity in Q1 2025, totaling 7.89 million square […]
Top Medical Office Buildings NYC
Top Medical Office Buildings NYC. Securing the ideal medical office space in Manhattan presents a unique set of hurdles and opportunities. While many landlords harbor reservations about the increased foot traffic associated with medical practices and the complexities of specialized buildouts involving extensive plumbing, detailed millwork, and additional restrooms, the demand for accessible healthcare facilities […]
NYC Office Leasing Shows Strong Start to 2025
NYC Office Leasing Shows Strong Start to 2025 Office leasing in New York City experienced a significant upswing in the first quarter of 2025, building on the momentum gained in the fourth quarter of 2024. This positive trend marks a notable recovery compared to the slower pace observed since the pandemic. ➡️ For more on the […]
Why Nonprofits are Choosing Office Condos
Why Nonprofits are Choosing Office Condos For nonprofit organizations looking to maximize their impact, owning real estate can be a powerful move, especially given their tax-exempt status. However, the scale and ongoing costs of owning an entire building can be daunting. Office condominiums present a compelling alternative, offering a sweet spot of ownership benefits without […]
Why Isn’t the Landlord Responding to My Proposal?
Why Isn’t the Landlord Responding to My Proposal? As a commercial real estate broker, I often wear two hats, representing both tenants and landlords. When I’m working for a landlord, one frustratingly common scenario is a promising tenant being represented by an unqualified broker. It fills me with angst because I can see the likely […]