Archive for the ‘Office’ Category

Quick Comments on NYC Office Sublease Market

Posted on October 28, 2009, 10:29 am, by Chris Rodriguez, under Brokerage, Economy, Markets, Office, Rental.

DealBook has an article up today about the office sublease market in NYC and the impact lower offering rates are having on space offered directly by building owners.  Every time I read about NYC rents my head just spins.  The numbers are just astronomical.  According to the article, average asking rents for Class A office [...]

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Office Vacancy at 16.5%

Posted on October 7, 2009, 12:24 pm, by Chris Rodriguez, under Economy, Markets, Office, Rental, distressed real estate.

Another post from Calculated Risk showing office vacancy rates since 1991.  We are not as bad as we were in 1991 but it looks like we are heading there.  Graph below from CR.

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