Office Research Market Report, New York City, Second Quarter 2018

Development Set To Surge As Major Manhattan Skyscrapers Come Online Robust job gains in New York City underpin substantial office construction. Supported by a wide range of industries and large corporations, office-using employment is advancing rapidly. Unemployment in the metro has fallen precipitously as a result, raising demand for office space. After several years of…

Multifamily Research Market Report, New York City, Second Quarter 2018

Development Overhang Weighs on Rent Growth; Positive Dynamics Remain in Place Low unemployment, consistent job growth boosting apartment demand. A broad base of high-wage industries and more than 8.5 million residents are driving significant net absorption of apartments, particularly as single-family homes remain out of reach for many would-be buyers. As the pace of construction…

Retail Research Market Report, New York City, Second Quarter 2018

Development Reaches Cycle High; Investors Seek Value in Outer Boroughs Broad corporate base powering robust household formation, necessity and specialty retail demand. A diverse employment base, covering a large number of the biggest companies in the country, is fueling stable demand for households. These households have underpinned significant growth in demand for nearby retail, particularly…

Retail Research, 2018 Investment Forecast, New York City Metro Area

2018 Retail Research Investment Forecast

Supply Reaches Decade High as Outer Borough Construction Intensifies Vacancy ticks up moderately from cycle lows but asking rents continue upward trend. A diverse base of employment in New York City, featuring multinationals and startups, has sponsored tremendous strength in the retail sector over the past decade. Vacancy has fallen well below 4 percent as…

Retail Research Market Report, New York City, Third Quarter 2017

Retail Research Market Report, New York City, Third Quarter 2017

Diverse industry base powering household formation and retail demand. New York City, which hosts a broad array of industries, is powering demand for housing and allowing met- ro residents to form new households, driving demand for retail goods. Due to the high cost of housing, tenants overwhelmingly skew toward rental housing, providing a robust foot traffi c count for nearby retail establishments.

Multifamily Research Market Report, New York City, Fourth Quarter 2017

Multifamily Research Market Report, New York City, Fourth Quarter 2017

Numerous high-wage industries generating stable base of renter households. Powered by a diverse employment pectrum and containing more than 8.5 million residents, New York City…

Office Research, 2018 Investment Forecast, Brooklyn Metro Area

Office Research, 2018 Investment Forecast, Brooklyn Metro Area

Elevated costs pressuring overall industrial market amid redevelopment surge along the East River. Fueled by surging emand for apartments, retail and office space at rates below similar offerings in Manhattan…

Multifamily Research, 2018 Investment Forecast, New York City Metro Area

Multifamily Research, 2018 Investment Forecast, New York City Metro Area

Rollover in supply pressures keeps vacancy extraordinarily tight. Nearly a decade into the current expansion, New york City rental demand remains on strong foundations.