Tag Archives: renewals

Trend Spotting: Presidential Election Years

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Presidential Election Years and New Activity in Manhattan JLL research

By JLL New York, Research

We often hear that Wall Street dislikes uncertainty, but Manhattan office tenants don’t appear to like it either. The last two presidential election years have coincided with a drop in new leasing activity, especially among large users—those 100,000… Read More

New leases led top activity in 2014

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New York Chart of the Week: January 5, 2015

PowerPoint Presentation

  • With business sentiment ending 2014 at a record high, decision makers opted for new leases over renewals. New leases accounted for 65.0 percent of the top 20 Manhattan leases in 2014, compared to only 25.0 percent in 2013
  • Large leasing activity slowed in 2014 as the top
  • Read More

Midtown South Class A vacancy tightens to lowest level since 2007

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Manhattan Office Outlook | November 2014

MMU_Nov2014JLL’s New York Research team has just released its November Manhattan Office Outlook – a monthly wrap-up of leasing activity in Manhattan, including Class A vacancy and asking rates, along with a snapshot of conditions in capital markets.

Report highlights are as follows:

Midtown Manhattan
Midtown asking rents were mostly unchanged in… Read More