New York


FIRE Tenants in Manhattan Show Slower Expansion

FIRE Tenants in Manhattan Show Slower Expansion

The financial industry, a cornerstone of New York City’s economy for more than a generation, is showing signs of reducing its demand for New York offices. From the pre-pandemic years […]

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Rising Risk in Office Lease Exposure

Rising Risk in Office Lease Exposure

The long-term nature of office leasing has delayed the market’s adjustment to the changes in office utilization triggered by the COVID-19 pandemic, allowing building owners to maintain some income from […]

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NYC Offices Turning into Residential Conversions

NYC Offices Turning into Residential Conversions

New Yorkers often joke about living at the office, but new data from the Department of City Planning suggests this could soon be a reality for some. According to the […]

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City Council Passes Zoning Change to Allow for NYC Casino

City Council Passes Zoning Change to Allow for NYC Casino

The New York City Council paved the way for prospective casino developers by passing a bill on Thursday that permits zoning changes for state-approved gaming facilities. Under this legislation, developers […]

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