by Joseph Armano | Sep 8, 2025 | Newsletter
The momentum of the office market continued in August. Leasing soared to 3.7 million sq ft, a 20% increase from July and a 40% year-on-year jump—a powerful summer rebound not typical during seasonal slowdowns. The first half of 2025 saw 20 million square feet of...
by Joseph Armano | Jul 8, 2025 | Newsletter
We recently closed three deals and a fourth is on the way, continuing what has been a banner year for Armano Real Estate. The tenants include a fashion company, a construction company and a not for profit. We are also in lease review for a wine company. Interestingly,...
by Joseph Armano | May 13, 2025 | Newsletter
The New York City Real Estate market has continued its rebound through April 2025. Manhattan’s office leasing activity reached 12.2 million square feet in Q1 2025, the highest since late 2019, indicating strong demand for office space. In April alone, leasing...
by Joseph Armano | Mar 11, 2025 | Newsletter
Optimism Abounds Manhattan’s office market exhibits signs of recovery, characterized by increased leasing activity, a decline in availability rates, and renewed investor interest. Leasing Activity: Strong Start to 2025: Year-to-date office leasing...
by Joseph Armano | Dec 31, 2024 | Newsletter
Recent trends in New York City’s office usage and return-to-work mandates indicate a significant shift towards pre-pandemic norms. As of October 2024, office visitation rates reached 86.2% of 2019 levels, suggesting a decline in the work-from-home trend that...
