by Joseph Armano | Jun 13, 2023 | Newsletter
Office tenants have a new question for landlords these days, “Who’s your lender?” Turmoil in the U.S. office market, which has triggered missed loan payments and foreclosure warnings, has meant prospective tenants are now taking a closer look at the financial health...
by Joseph Armano | Apr 11, 2023 | Newsletter
Armano Real Estate April 2023 Newsletter Manhattan leasing activity increased in Q1 2023 by 32.5% versus the prior quarter according to market sources. However, activity remained 9.0% below the five-year average. Available sublet space climbed to a...
by Joseph Armano | Jan 30, 2023 | Newsletter
Armano Real Estate February 2023 Newsletter Overall market conditions for Manhattan were soft for the fourth quarter of 2022. Leasing activity declined 39.4% versus the prior quarter and 40.5% on a year over year basis. Overall availability rose 80 basis...
by Joseph Armano | Dec 19, 2022 | Uncategorized
Armano Real Estate December Newsletter Carbon Emissions and Local Law 97 – A large real estate expense for tenants? Carbon emissions and Local Law 97 are the new hot topics in New York City real estate. Landlords are making the first attempts at passing through...
by Joseph Armano | Oct 13, 2022 | Newsletter
Armano Real Estate September 2022 Newsletter Manhattan Office Market Update – The Big Return Back to the Office? An improving local economy coupled with increased office occupancy translated into a rebound in office leasing activity for the second quarter (second...
