by Joseph Armano | Jul 22, 2021 | Newsletter
August Newsletter Re-Occupying NYC – Office Market Bottoming Out Leasing activity in Manhattan for the three months through June 30 totaled 3.47 million square feet, rising 20% from the first quarter, according to market sources. Other positive...
by Joseph Armano | Jun 10, 2021 | Newsletter
June 2021 Re-Occupying NYC – Substantial Office Lease Cost Savings New York City office availability rates reached an all-time high in May 2021. Availability rates across all submarkets and building classes were 18.6% and occupancy rates 13%...
by Joseph Armano | May 7, 2021 | Hiring
We are looking for experienced Commercial Real Estate Brokers. To apply, email your resume to hr@armanorealestate.com
by Joseph Armano | Apr 14, 2021 | Newsletter
April 2021 First Quarter Market Update The New York City office market remains weak as the supply of both direct and sublet space has increased substantially and most workers remain at home. The amount of available space on a direct basis has increased by more than...
by Joseph Armano | Feb 3, 2021 | Newsletter
February, 2021The Manhattan office market weakened considerably in the fourth quarter of 2020. A rapid addition of both direct and sublease space pushed overall market availability up to 15.1%, a 400-basis point increase over the prior year according to market...
