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 | 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...
by Joseph Armano | Aug 11, 2022 | Newsletter
Armano Real Estate August 2022 NewsletterManhattan Office Market Update – The Big Rent Increase?An improving local economy coupled with increased office occupancy translated into a rebound in office leasing activity for the second quarter (second...
by Joseph Armano | Jun 8, 2022 | Newsletter
Armano Real Estate June 2022 Newsletter New York City Office Re-Occupancy – The Optimal Workweek Managers for the past several months have called three days in the office a week a hybrid-work ideal that gives employees flexibility and packs in enough...
by Joseph Armano | Apr 13, 2022 | Newsletter
Armano Real Estate April 2022 Newsletter New York City Office Re-Occupancy – The Hybrid Workplace We have entered into an era of hybrid working. Recent evidence is starting to emerge that workplaces that adopt a hybrid office model are most likely...
by Joseph Armano | Feb 16, 2022 | Newsletter
Armano February 2022 Newsletter Office Asking Rents Increasing in Mostly Unoccupied Buildings? The NYC office market strengthened in the fourth quarter of 2021 as demand totaled 9.1 million square feet of space, up from 20.8% in the prior quarter. This was higher than...