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 to thrive. This...
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...
by Joseph Armano | Dec 3, 2021 | Newsletter
Armano Real Estate December NewsletterHope Abounds for the Holiday Season Market activity over the past couple months has been strong and Armano Real Estate has been extremely busy working on renewals and acquisitions for new and existing clients.Kastle Systems...
by Joseph Armano | Oct 5, 2021 | Newsletter
Armano Real Estate October NewsletterThe Market has Bottomed, but will the 20’s Roar? Greater New York’s office utilization rose to 28.1% in the week through Sept. 15, climbing for the first time above 25% during the pandemic and up from 19.5% in the first week...
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 second quarter signs...
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% respectively, at the end...
