Manhattan
Carlyle Expands Manhattan Office Footprint With Major Park Avenue Leases
Carlyle Group has significantly expanded its Manhattan office footprint. As a result, the firm’s New York presence now exceeds the size of its Washington, D.C., headquarters. The global investment firm signed a 10-year lease for 150,036 square feet at 245 Park Avenue. The space spans the entire 23rd through 26th floors of the building. The […]
Read More....Times Square Office Leasing Surges at 1540 Broadway Following $150M Repositioning
A $150 million repositioning at 1540 Broadway in Times Square is already driving strong office leasing activity. Importantly, the project will not be fully completed until early 2027. The 750,000-square-foot office tower is being modernized to attract tenants seeking premium workspace in Midtown Manhattan. As a result, demand for repositioned office space continues to rise […]
Read More....Manhattan Retail Lease Rebounds
Manhattan retail leasing continues to strengthen following its post-pandemic rebound. New data from the Real Estate Board of New York shows vacancy declining across key corridors. Fewer storefronts were vacant in the second half of 2025 compared to the prior six months. Prime districts such as SoHo, Flatiron, and Upper Madison Avenue outperformed with stable […]
Read More....Manhattan Office Leasing Drives National Market Recovery
Office leasing in Manhattan has become a key driver of the national office rebound. For the first time since 2019, tenants are taking more space than they are giving back. National net absorption turned positive in the final months of last year. Net absorption measures the difference between move-ins and move-outs. According to a recent […]
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