Tag Archives: Midtown South

High-tech tenants have catalyzed demand for Midtown South’s new product

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  • High-tech users have accounted for 53 percent of leasing in Midtown South new developments as tech firms have put talent attraction and retention at the forefront of real estate strategies. However, leasing has been led by non-traditional technology tenants. Mastercard signed a 212,500-square-foot at 150 Fifth Avenue for its
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Five Key Themes Shaping the Skyline – #2 Navigating the Gap: Trophy vs. Non-trophy

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Number2_SkylineAs in past print editions, the JLL Skyline Report will continue to explore the trends that shape North American real estate markets.

Navigating the rent Gap:  Trophy vs. Non-trophy

In a previous post we discussed the increase in Trophy rental rates in New York and across the country.  Our JLL research team has… Read More

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: