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This year, the office sublease supply has increased by 35%, creating an opportunity for some to lease high-quality space with favorable lease terms.
The Upper West Side building has garnered substantial attention for its potential “haircut,” or the removal of already-built floors at the top of the tower.
As several cities announce new restrictions on dining and bars, National Restaurant Association is speaking up.
The pandemic left the house’s tenants unemployed and unable to pay rent, Gaber wrote. But landlords repeatedly demanded the tenants pay the rent or move out, according to the complaint, and in July, the situation escalated.
The partnership will acquire $200 million annually in medical office properties, which investors are coming to see as a safe haven.
Orchard Workspace at 15 MetroTech Center in Brooklyn is a 50,000-square-foot flexible office campus targeting start-up companies.
Cushman & Wakefield took an inside look at business migration patterns, and so far, they are sticking to major markets.
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