Manhattan office availability shrinks to six-year low
The Manhattan office market stayed hot in July as leasing activity surged and available space shrank to its lowest level in nearly six years. Tenants inked deals for 3.87 million square feet, up 27 percent from June and about 28 percent year-over-year, according to data from Colliers. The month push
Has the office-to-resi crackdown arrived?
When work stopped at MetroLoft’s residential conversion of the former Pfizer headquarters, real estate held its breath. Was this a one-off event caused by a one-off error that led to some of the columns starting to buckle? Or would this cascade into something bigger facing the overall office-to-res
Dark days lie ahead for New York, literally
When rolling blackouts become a regular occurrence in New York, don’t say we weren’t warned. Forecasts from the electric grid operator have become increasingly dire. The latest one chides elected officials, if you can decipher the jargon: “All scenarios require significant new generation, and policy
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