Rent increases return to most major US apartment markets, led by these cities
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Apartment rents are showing signs of a rebound in early 2025.
New York apartment rent growth rebounds in the first quarter
Increase arrives after a relatively flat performance in the six months prior
Apartment rents in New York are increasing again, albeit at a faster rate during the first quarter of 2025.
New York's population surges, but apartment construction hits the brakes
Building starts plummet further during first few months of 2025
Developers typically target markets with strong rental demand when building new apartments.
Wave of industrial sublet space slows in New York
Available sublet space in industrial sector reached 10.4 million square feet in March
Bright spots in New York’s industrial sector are few and far between lately.
These US industrial markets saw available space grow ahead of tariff announcement
Many occupiers appear to hit the pause button
In real estate, timing matters.
New York industrial availability hits 10-year high
Availability rate has risen for 11 consecutive quarters
Whether driven by a leasing slowdown, a surge in new construction or, more recently, uncertainty stemming from aggressive tariff policies, the outcome is clear: New York’s industri...
New York City office glut shrinks fastest among major U.S. cities during first quarter
New leasing drives availability downward in the 'Big Apple'
When it comes to the performance of the office sector, the cream continues to rise to the top.
Where multifamily construction activity has decreased the most
Some of the largest declines occurred throughout California
In a telling measure of how much developers have pulled back from building new apartments, annual construction starts, the measure of how many units begin construction in a given y...
Chicago's office availability moving in lock-step with national average
Office availability rate in the Windy City remains unchanged over the past year
Among major U.S. office markets, Chicago's recent performance appears to be squarely in the middle of the pack.
Manhattan's office recovery has not yet extended into Brooklyn
Availability levels and leasing totals are not changing much year over year
It's clear that the New York office sector is heading toward better days, but the road to recovery has been more apparent for some than others.
Where multifamily construction activity increased the most
Midwest and Northeast saw the biggest increases in multifamily construction starts
Construction starts, the measure of how many apartment units begin getting built in a given time, have edged lower across the United States as developers respond to over-supplied c...
New York office buildings ripe for conversion are not marketing their space
Among nearly 30 buildings, only about 1.2 million square feet of convertible space is available for lease
Nearly 30 owners of New York office buildings are actively planning or holding discussions on converting their properties into apartments, with much of that space not being listed ...
New York industrial market faces glut of vacant space this year
Vacancy levels set to rise as construction completions increase
While better days are expected in New York's industrial sector, they may not arrive until next year as new supply is expected to outpace tenant demand for the fourth consecutive ye...
US venture capital fundraising ended year on a high note, thanks to AI
California companies drive deal volume in the fourth quarter
Venture capital fundraising in the U.S. bounced back in 2024, with more than $209 billion in total investments.
What to do with a vacant office building? The views are split.
Poll finds no overwhelming favorite among possible strategies for vacant office buildings
While recent improvements in office demand have provided some clarity surrounding the health of the overall sector, uncertainty still exists about what to do with the plethora of l...
Amid recent office mandates, most workers expect their companies to revisit work attendance
Poll of webinar attendees comes during a national shift to return-to-office policies
New year, new attendance policy? That appears to be the expectation among many employees, according to a recent poll among webinar attendees.
After milestone year for the New York office market, here are three things to watch for in 2025
Possibilities for 2025: tech sector resurgence, rental adjustments from new owners, uptick in renewals
With 2024 in the rearview mirror, New York office market owners and occupiers are pontificating on what's in store over the next 12 months.
Manhattan office space hits recovery milestone to start 2025
Available space dips below 100 million square feet for the first time since 2020
The good news continues to roll in for New York's office market at the start of the new year.
Manhattan office leasing sets post-pandemic record
Preliminary data shows office leasing in 2024 surpassed the previous record
It’s official: The Manhattan office market took a major step and recorded its best year of leasing since the onset of the pandemic.
New York City saw a decline in chain stores in 2024, report says
Merchandise stores take biggest hit, while food chains expand
According to a report by the Center for an Urban Future, 2024 marked the fifth time in seven years where the number of chain stores declined in New York City.