Jan
23
Special Report: The 411 on NYC
BySome metrics dip, but the office and retail sectors post a solid year in the nation’s largest commercial real estate market. First of two parts.
What are the takeaways from 2016 for the nation’s largest commercial real estate market—and what’s in store this year?
The final numbers for New York City are coming in, and CPE looks at the highlights in the first of two parts.
Office: Amid Mixed Signals, a Strong Showing
“I think what we’re seeing is pricing compression among submarkets, asset classes, even buildings within certain submarkets.” So said Richard Bernstein, executive vice chairman of office brokerage at Cushman & Wakefield, during a panel discussion held by the firm in Midtown Manhattan last week…
