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Office Space

WNYC News

Tight Midtown Real Estate Market is Boon for Downtown

Wednesday, April 03, 2013

There's so little office space available from Canal Street to 32nd Street — an area known as Midtown South — that more companies are setting up shop in Lower Manhattan, according to data released Wednesday by commercial real estate firm Cushman & Wakefield.

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WNYC News

Electricity Restored, Downtown Office Buildings Work to Rebuild Confidence

Monday, February 04, 2013

The biggest office building in New York City – actually, the biggest office building anywhere east of the Mississippi River – is a structure you’ve probably never heard of: It’s 55 Water Street. It's a 1970s-era skyscraper just steps from the East River.

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WNYC News

City Start-Ups Reveal Office Spaces’ Open Future

Wednesday, June 20, 2012

“Open offices” — workplaces where even CEOs sit not behind closed doors but in large, sunlit rooms with their colleagues — aren’t just for start-ups anymore.

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WNYC News

New York Commercial Real Estate Shows Signs of Improving

Tuesday, October 05, 2010

Despite falling rents and rising vacancy rates, the commercial real estate market could be improving.

According to the New York-based real estate firm REIS, even as the vacancy rate hit a 17-year high of 17.5 percent, the quarterly rate increase was slower compared to last year. And for the first time since 2008, the average rent on 4 billion square feet of office spaces was effectively unchanged from the previous quarter: rents fell one cent to $22.05 per square foot.

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