Following the headline, record rent prices and robust growth from Harlem to Hollis that dominated the retail market in 2015, the impact of 2016’s slowing global economy, year to date, triggered a natural adjustment in the Manhattan retail real estate market in Spring 2016.
Dear President Biden, Senate Majority Leader Schumer, Senate Minority Leader McConnell, House Speaker McCarthy, and House Minority Leader Jeffries.
New York City Mayor Eric Adams today announced the appointments of 26 board members to the New York City Sustainability Advisory Board to guide the city’s long-term resiliency and sustainability goals.
The Adams administration today released an open letter from over 200 business, civic, and labor leaders from Harlem to Hollis.
Mayor Bill de Blasio today announced the expansion of the NYC Carbon Challenge, a public-private partnership between the NYC Mayor’s Office of Climate and Sustainability and leaders.
Mayor Bill de Blasio and Speaker Corey Johnson announced today the appointment of fifteen individuals to the New York City Climate Advisory Board ahead of the board’s first meeting today.
Crains NY reports that with a WeWork office in Harlem, the $20 billion provider of flexible workspace, was close to signing a lease at the city’s tallest office tower.
The Manhattan retail leasing market is still in a corrective period as average asking rents recede and deal-making favors parties willing to be flexible with lease structure, uses, and asking rents for ground floor retail spaces.
The Manhattan retail leasing market is feeling the weight of the national retail sales slowdown, but staying afloat with renewed retailer interest amidst declining retail rents.