Top Tech Companies Taking Manhattan Office Space in 2019
Tech companies are seemingly everywhere gobbling up major chunks of office space, especially in NYC’s most densely populated borough, Manhattan. Some of the companies making the largest impact are Amazon, Google, Facebook, Adobe, and LinkedIn. Amazon In February, Amazon walked away from plans to build its second corporate headquarters in Long Island City, Queens. The…
Chart of the Week: Priciest NYC Office Buildings in Q2 2012
There was a 7% increase in office building sales in NYC in Q2 2012 over the previous quarter, PropertyShark’s commercial real estate quarterly report shows. This accounted for $2.83 billion in volume, which was slightly more than what Q1 2012 realized ($2.52 billion). A higher number of transactions compensated for the fact that prices paid…
Weekly chart: Top 10 Manhattan neighborhoods by office space
It’s Manhattan, it’s morning, and it’s time to go to the office. In case you were wondering what neighborhoods devote  the largest total areas of office space to the working crowd in Manhattan, here is our weekly chart to consider: There’s no doubt about number 1 — Midtown Manhattan, New York’s largest commercial district and…
Commercial Transactions in New York City up 52% Y-o-Y
Q1 2012 was the fourth consecutive quarter in which the commercial real estate market in New York City accounted for more than $4 billion in sales ($4.98 billion), recording a 52% Y-o-Y increase. In terms of commercial transactions, the 849 sales closed in Q1 2012 were up by 25% over the first quarter of 2011…
American Realty Capital buys Interior Design Building for $32.7 Million
A deed recorded yesterday, July 8th 2010, shows that American Realty Capital has bought the Interior Design Building at 306 East 61st Street for $32,755,955, or $561 per square foot. The building features 51,640 square feet of office space and 6,700 of retail space. American Realty Capital has invested in several properties in New York…
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