NYC Office Leasing Report Year-End 2023

NYC Office Leasing Report Year-End 2023 Our NYC Office Leasing Report is written to inform your office rental strategy:  1. Make smart leasing decisions with detailed  information about office rental prices and availability in popular neighborhoods.  2.  Get the insights  you need to optimize your budget and find the best space for your business.  3.…

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Insider’s Look At New York Offices, Q3 2023 

Insider’s Look At New York Offices, Q3 2023 Find Your Perfect New York Office with this Exclusive Report! • Make smart leasing decisions with our comprehensive report that provides in-depth  information on rental prices and availability in popular neighborhoods. • Get the insights  you need to optimize your budget and find the ideal office space…

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How Office Renters Can Take Advantage of a Depressed Market

How Office Renters Can Take Advantage of a Depressed Market: 1) Renegotiate your Lease to take into account  current market conditions. 2) Renew and extend your Lease at a discounted rent. 3) Relocate and receive new Lease incentives including discounted rent, a rent abatement (free rent) and a better quality work space. •Office renters can…

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NYC Office Leasing Report Q2 2022

NYC Office Leasing Report Q2 2022 NYC Office Leasing Report Q2 2022. With the Covid-19 pandemic behind us, most companies are nudging their employees to return to the office. But office occupancy remains low. According to Kastle Systems, as of June 27th, NYC office occupancy was only 42.5%. It is now apparent that the pandemic…

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NYC Office Leasing Report Q1 2022

NYC Office Leasing Report Q1 2022 NYC Office Leasing Report Q1 2022. With the waning of the Covid-19 pandemic many companies are encouraging their employees to return to the office. But NYC office occupancy still remains stubbornly low. According to Kastle Systems, as of March 30th, NYC office occupancy was still only 36.9%.  A Partnership…

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New York City Office Leasing Report Year End 2021

New York City Office Leasing Report Year End 2021 New York City Office Leasing Report Year End 2021. The Covid-19 Omicron variant has curtailed the return-to-office plans of many companies. As a result, they continue to operate remotely and office usage in NYC remains among the lowest in the US. Even before Omicron, NYC companies were…

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Office Leasing in New York City, 3rd Quarter 2021 Report

Office Leasing NYC

Office Leasing in New York City, 3rd Quarter 2021 Report Office Leasing in New York City, 3rd Quarter 2021 Report. For the 70.9% of New Yorkers that are vaccinated, it is now safe to return to work and imperative for the city’s economy that they do so. Unfortunately, with the identification of the Delta variant,…

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Manhattan Office Rental Market Report, Q1 2021

Manhattan Office Rental Market Report, Q1 2021  Manhattan Office Rental Market Report, Q1 2021. A year has past since the pandemic began and its dramatic impact on the office market is apparent. The closure of essential businesses contributed to a migration of residents away from the city. Office occupancy in New York is now hovering…

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Office Rental Market in Manhattan, Year End 2020

Office Rental Market in Manhattan, Year End 2020 Manhattan Office Rental Market, Year End 2020. At the start of 2020 the New York office market showed no signs of slowing down. Leasing activity had recorded its highest two-year run of activity in this century. Developers were adding millions of square feet (SF) of new inventory…

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Manhattan Office Rental Market, Fall 2020

Manhattan Office Rental Market, Fall 2020 Manhattan Office Rental Market, Fall 2020 remains in limbo. The volume of leases being executed for new offices is at its lowest point since 9/11.  There is deep uncertainty about whether employees can return to work safely- even after modifications are made to transportation systems, building common areas and…

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NYC Office Rental Report July 2020

New York City Office Rental Report July 2020 New York City Office Rental Report July 2020 is presented by Cogent Realty Advisors, Inc. Cogent Realty Advisors is a licensed and independent no fee Realtor with 20 years of experience representing businesses that lease NYC office space. Our goal is to find you the right office…

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NYC Office Rental Market, the Pandemic and Future

NYC Office Rental

NYC Office Rental Market, the Pandemic and Future The pandemic is having a profound effect on society, health and the economy of New York City. The long term impact on the NYC office rental market remains unknown in spite of countless predictions (often contradicting) from industry-related spokespersons including economists, building owners, brokers, architects, etc. Our…

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NYC OFFICE RENTAL REPORT, YEAR-END 2019

NYC OFFICE RENTAL REPORT, Year-End 2019 NYC OFFICE RENTAL REPORT, Year-End 2019 was compiled by Cogent Realty Advisors using data provided by Costar, the Commercial Real Estate Information Company.  Cogent Realty Advisors is licensed Tenant Representation Broker that works for business owners that lease office space. Established in 2002, Cogent Realty is 100% committed to…

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NYC Office Market Report, Year-End 2018

office report

NYC Office Market Report, Year-End 2018 NYC Office Market Report, Year-End 2018 was compiled by Cogent Realty Advisors using data provided by Costar, the Commercial Real Estate Information Company. This report is written for business owners that need accurate information about the local office market.   Cogent Realty Advisors is an independent and licensed NO FEE Realtor with 20 years…

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NYC Office Market Report, Third Quarter 2018

NYC office

NYC OFFICE MARKET REPORT, THIRD QUARTER 2018 NYC Office Market Report, Third Quarter 2018 was compiled using data provided by Costar, the Commercial Real Estate Information Company. This report is written for business owners that need accurate information about the local office market.    In the third quarter of 2018 the average quoted rent in the NYC office…

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NYC Office Market Report, Second Quarter 2018

NYC Office

NYC Office Market Report, Second Quarter 2018 NYC Office Market Report, Second Quarter 2018 was compiled using data provided by Costar, the Commercial Real Estate Information Company. This report is written for business owners that need accurate information about the local office market.  In the second quarter of 2018 the average quoted rent in the NYC office…

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NYC Office Market Report, Fourth Quarter 2017

NYC Office

NYC Office Market Report, Fourth Quarter 2017 NYC Office Market Report, Fourth Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company. In the fourth quarter of 2017 the average quoted rent in the NYC office market across all building classes was $65.96 per square foot. This represents a $0.26 PSF increase compared to…

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NYC Office Market Report, Third Quarter 2017

NYC Office Market Report, Third Quarter 2017 NYC Office Market Report, Third Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company. In the Third Quarter of 2017 the average quoted rent in the NYC office market across all building classes was $65.70 per square foot. This represents a $1.07 PSF increase compared to Q2.…

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NYC Office Market Report, Second Quarter 2017- Rents Decline

NYC Office

NYC Office Market Report, Second Quarter 2017 NYC Office Market Report, Second Quarter 2017 was compiled using data provided by Costar, the Commercial Real Estate Information Company.     In Q2 2017 the average quoted rent in the NYC office market across all building classes was $59.93 per square foot. This represents a $5.48 per square foot decrease…

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