Changes roiling the financial industry have contributed to a doubling of the listings of large office blocks.
Changes roiling the financial industry have contributed to a doubling of the listings of large office blocks.
Changes roiling the financial industry have contributed to a doubling of the listings of large office blocks.
Figures on inventory and new listings illustrate a sharp deterioration in the Manhattan real estate market.
Many tenants who signed leases at a 41-story office tower overlooking Bryant Park are now trying to break them.
Many tenants who signed leases at a 41-story office tower overlooking Bryant Park are now trying to break them.
The British luxury goods brand in the coming months will move its headquarters to a Madison Avenue building that will be topped by illuminated Burberry signs.
Most hotel projects that have not begun construction are likely to be canceled or delayed, an effect of the economic downturn and the credit crisis.
Enterprise New York, a national nonprofit, recently moved to office space that is a much more accurate reflection of the communities it helps to create.
New York City’s hotels are starting to feel the slowing economy. Bookings are falling below last year’s levels, and cancellations are on the rise.
As banks merge, maps of their branches in Manhattan show overlap for many formerly competing banks, which means closings might follow.