Tag Archives: TAMI

Employment Update: July 2016 from New York Research

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The JLL New York Research Team has released their latest report, the New York Employment Update, which is a monthly review and analysis of the local economy and the overall employment situation and dynamics.

Some highlights of the report include an employment pickup that occurred in June, piloted by an 8,000 job-expansion month-over-month. Total employment remains elevated by 1.9 percent year-over-year.

So what does this mean for commercial real estate in the Big… Read More

TrendSpotting: Co-working in the Corporate Environment – Part II

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As discussed in Part I, co-working is a positive trend in real estate that is taking over our offices and the headlines in industry news. Co-working models are becoming specialized by industry and are beginning to morph and blend in different ways, leading to even more iterations and opportunities for change. Organizations within the same industry, or who share similar business lines or services are exploring corporate co-working models, and discovering… Read More

NYC captures bulk of state’s private sector job growth

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JLL New York Chart of the Week

COW_New York_May 7_V7

  • Of the 655,000 private sector jobs created in the state from 2004 to 2014, NYC accounted for 89.0 percent of net gains – making it an integral part of the state’s economy.
  • In 2014, 46.5 percent of the state’s private sector jobs were in
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TAMI tenants lead large lease activity YTD

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New York Chart of the Week: October 6, 2014

PowerPoint Presentation

  • TAMI (technology, advertising, media, information) tenants have dominated large lease activity (leases greater than 100,000 square feet) YTD. TAMI accounted for 39.4 percent of all large leases signed compared with 20.7 percent of activity just one year ago.
  • Through Q3 2013, FIRE (finance, insurance, real estate) tenants
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FIRE tenants dominate Manhattan market, but smaller in size

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New York City Chart of the Week: August 11, 2014

PowerPoint Presentation

    • FIRE (Finance, Insurance, Real Estate) tenants currently seek smaller footprints relative to other sectors, likely due to fluid leasing activity at the top end of the market. These companies are the most active in the market (26.4 percent of total current demand) as economic conditions
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Sharp contrast between FIRE and TAMI in Manhattan markets…for now

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New York Chart of the Week: July 28, 2014

PowerPoint Presentation

* Includes 5,000+ square foot tenants

  • In Midtown South, TAMI (Tech, Advertising, Media & Information) tenants comprise 40.9 percent of space, while FIRE (Financial Services, Insurance & Real Estate) tenants occupy only 13.8 percent.
  • The opposite is true Downtown, where FIRE tenants make up 39.2 percent versus TAMI’s
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Chart of the Week: TAMI tenants further Downtown growth

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New York Chart of the Week: June 23, 2014 

PowerPoint Presentation

  • 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