NYC Leasing Controversy Reveals Office Surplus
New York Mayor Eric Adams’s challenges grew last month when the Manhattan district attorney launched an investigation into the agency managing the city’s $1.5 billion real estate portfolio. On Tuesday, […]
Read More....WCRE October 2024 Newsletter
In the WCRE October 2024 Newsletter, we discuss the current commercial real estate events that are impacting the Philadelphia, New Jersey, and New York communities. In Philadelphia news we look […]
Read More....Why EQT Exeter and Other Property Investors Call This a ‘Compelling Time’ to Buy
For insight into the recent uptick in commercial real estate deals, consider EQT Exeter, the real estate division of Swedish investment giant EQT AB and one of the world’s largest […]
Read More....WCRE Third Quarter 2024 Report
Regional CRE Markets Show Early Signs of Stabilization Though challenges remain, most property sectors performed well in Q3 Commercial real estate brokerage WCRE has expanded its quarterly reporting to include […]
Read More....Another Tech Giant is Requiring Some Employees to Return to the Office Full-Time
Following Amazon’s decision to return to a full in-person workweek, some of the world’s largest tech companies are increasingly pushing employees back to the office, as executives grow less fond […]
Read More....Why Are Office Rents Still Rising? It’s Complicated
You may be asking Why Are Office Rents Still Rising? When office vacancy rates hit record highs and tenants return space in large numbers, you’d expect rental rates to drop. […]
Read More....Study finds New York Retail Availability Hits Record Low
New York’s office sector continues to face high vacancy rates, but the retail market is seeing a stronger recovery from the pandemic. According to a JLL study, retail availability in […]
Read More....Manhattan Office Vacancy Falls as Q3 Leasing Activity Increases
Manhattan’s office leasing market had a strong third quarter, with leasing activity surging and vacancy rates dropping, according to a new report from Avison Young. Leasing reached 23.1 million square […]
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