TAMI sector led 2014 Manhattan leasing activity

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New York Chart of the week: January 12, 2015

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  • TAMI tenants, powered by steady employment growth, dominated total leasing activity in 2014, increasing their market share by 6.3 percentage points year-over-year.
  • The FIRE sector (anchored by the recovering financial services industry) failed to maintain the top spot, declining by 4.4 percentage points from 2013 to 2014.
  • TAMI tenants also led new lease activity in 2014, capturing 36.6 percent of all square feet leased in new transactions compared with 23.9 percent by the FIRE sector.

Source: JLL Research

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