Monthly Archives: March 2018

New York lands number 3 on City Momentum Index

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The pace and scale of change in today’s globalized, digitized economy is leading to an unprecedented transformation of our cities. As technology-enabled platforms lower barriers to entry and ensure that demand for talent and innovation becomes increasingly global, cities are needing to adapt and build environments that foster innovation ecosystems, talent and connectivity in order to maintain their competitiveness and gain the benefits of this rapid shift.… Read More

What is the City Momentum
Categories: 2018 and tagged , , , , .

Luxury brands opt for airport pop-ups

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If you were travelling through New York’s JFK Airport and thought you passed a giant blue Tiffany box, you were in fact correct.

The Tiffany installation was one of many examples of luxury brands popping up in airports as a way to draw in customers. Airports have long been synonymous with luxury retail outlets, but now a growing number of brands are choosing to showcase their wares in a more temporary, and eye-catching,… Read More

Recent activity suggest a westward shift in Manhattan’s center of gravity

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  • ​74 percent of all large relocations, by square footage, since 2014 represented movement either West or South; with the majority coming from the Grand Central and Plaza District districts.
  • These relocating tenants are leaving behind more than 13 million square feet of Midtown availability.
  • Large renewal activity remains concentrated in Midtown
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