- Formerly marketed as the World Financial Center, the downsize by Bank of America I Merrill Lynch at the 8.9 million-square-foot office complex resulted in a 2.6 percentage point increase in Downtown vacancy in 2012.
- New leases by Time Inc., Hudson’s Bay, BNY Mellon, Jones Day, and others drove the … Read More
New York Chart of the Week: June 23, 2014
- Highlighted by the recent 669,832-square-foot Time, Inc. relocation from Midtown to 225 Liberty Street, technology, advertising, media and information (TAMI) tenants have helped reshape the Downtown landscape
- These tenants have been attracted to the market’s high-image space and comparatively low rents relative to Midtown and Midtown South; … Read More