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Knotel adds another 37,000 sf in Midtown
07
The city’s fastest-growing flexible office provider has added nearly 37,000 s/f to its portfolio. Knotel closed leases for five floors at 6 West
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Madison Square Garden Ventures leases 10,000 sf at 111 W. 33rd Street
03
Madison Square Garden Ventures, a tech-driven subsidiary of the MSG Company, has leased a 10,000 sf floor in a Midtown South office building.
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Speyside Equity leases penthouse at 145 E. 57th Street
07
ABS Partners Real Estate announced that Speyside Equity has signed a lease for the entire 2,650 s/f penthouse at 145 East 57th Street. The 12-story, 64,000
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New development draws more $100 psf-plus deals
07
The number of $100 per square feet or higher deals dropped in 2017, but the overall volume of luxury office space leased in Manhattan last year increased
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Jobs boom pushes Manhattan office rents north
05
A booming jobs market and dearth of new office development has pushed Manhattan office rents to new highs. The borough’s asking rent average reached a $77.
Deals & Dealmakers
Downtown report finds COVID impact worse than 9/11 or financial crisis
00
Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three
Deals & Dealmakers
Downtown report finds COVID impact worse than 9/11, finance crisis combined
00
Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three
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Jumbo deals pushed Midtown leasing to two-decade high in 2017, more action expected in 2018
07
Manhattan’s office market weathered a sluggish start to close the year with the lowest vacancy rate in 18 months and the highest leasing rate Midtown has
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Industry veteran Todd Korren continues to move things forward
07
As February came to a close, Todd Korren, principal and chief operating officer of EVO, met with Real Estate Weekly at the firm’s 40th &
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COVID pause has big effect on Manhattan office leasing
07
City brokers are braced for a torrent of “biblical proportions” as the office leasing market fights the effects of the enforced pause brought
Deals & Dealmakers
Germany’s Bundesliga scores Park Avenue South office space
00
Germany’s top soccer league has scored prime office space in Midtown South. Bundesliga International, the marketing arm for the premier league in the Deutsche
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‘Gray space’ a growing factor in office leasing
05
As co-working companies continue to grow and WeWork eats up more space, the black-and-white division of working from home and working at the office is