Category Archives: Tech Monthly

Tech leasing gained momentum in February

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JLL NYC Research: March Tech Monthly

High-tech_blogJLL’s Tech Monthly reports on activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our March update include:

  • Tech leasing gained momentum in February after soft activity in January (326,062 square feet compared with just 26,440 feet).
  • NYC tech start-ups raised $777.5 million in February, an increase in capital of 7.9 percent month-over-month and
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Tech sector accounted for 16.2% of Manhattan leasing activity in 2014

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JLL NYC Research: January Tech Monthly

High-tech_blogJLL’s Tech Monthly reports on activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our January update include:

  • The tech sector accounted for 16.2 percent of Manhattan leasing activity in 2014, an increase of 4.9 percentage points year-over-year
  • NYC start-ups raised more than $5.0 billion in funding during 2014—a record high since
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Number of large tech leases climbs

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High-tech_blogJLL NYC Research: December Tech Monthly

JLL’s Tech Monthly considers activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our December update include:

  • After a dip in October, NYC tech employment ramped up in November, increasing by 5.7 percent year-over-year
  • Tech leasing regained momentum in November, posting 746,383 square feet of activity
  • As options in Midtown South remained limited, tenants
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Tech employers remain keen on hiring

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JLL NYC Research: November Tech Monthly

High-tech_blogJLL’s Tech Monthly considers activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our November update include:

  • Employers remain keen on hiring as the number of open positions in the tech ecosystem increased in October to 2,800 jobs from 2,546 the previous month
  • Mozido, the mobile payments startup, closed the largest venture capital round, securing
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Tech venture capital funding surges in August

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JLL NYC Research: September Tech Monthly

High-tech_blogJLL’s Tech Monthly looks at activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our September report include:

  • Employment in New York City’s technology sector increased by 3.8 percent year-over-year through August, though the rate of growth has dipped slightly.
  • Tech venture capital funding surged, totaling $627.1 million in raised capital (an increase
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July uptick in tech sector leasing activity

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JLL NYC Research: August Tech Monthly

High-tech_blogJLL’s Tech Monthly looks at activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Highlights of our August report include:

  • Tech sector employment in New York City increased by 5.2 percent year-over-year in June, again the largest industry growth among all major sectors.
  • Tech tenants committed to 350,910 square feet of recorded transactions in July—an uptick
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NYC’s tech sector continued on its usual growth trajectory in May

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Q2 tech leasing activity surpasses previous quarter

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The July issue of JLL’s NYC Tech Monthly reported that in May, tech employment increased by 5.8 percent year-over-year, again marking the largest industry growth among all major sectors. Month-over-month however, the sector experienced a decline, losing 600 jobs in May.

Other highlights of the report include:

  • The number of tech venture capital funding
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NYC high-tech employment expansion largest among all major industries

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TechMonthlyNYC

Tech industry consistently proves to be a growth engine for NYC and key player in the strength of the office market.

JLL’s latest NYC Tech Monthly reported that New York City high-tech employment expanded year-over-year by 4,200 jobs or 7.0 percent in April—the largest expansion among all the major industries.

Other highlights of the report include:

  • Tech venture capital funding continued to
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