Optimal Spaces Announces the October 2015 New York Office and Retail Market Overview
NEW YORK, Oct. 6, 2015 /PRNewswire/ -- The prime New York Retail market is dead as tenants hold off to Landlords' demands for record rents. Retail demand is strong in up-and-coming areas.
Photo - http://photos.prnewswire.com/prnh/20151005/274133-INFO
Photo - http://photos.prnewswire.com/prnh/20151005/274134-INFO
New York office leasing volume was nearly half the previous month's rate of 4 million square feet. Large lease signings are down year-to-date, though the number of office workers has been rising.
For the latest market research on New York City commercial real estate, contact Stephen Sunderland. Optimal Spaces releases a monthly analysis of the market, including detailed statistics and graphs.
http://www.optimalspaces.com/market-research
About Optimal Spaces
Optimal Spaces is an industry leader Tenant Representative firm helping clients looking for office, retail and industrial real estate in New York City. We solely represent our client's interest, unlike most other brokerage firms who represent the landlord's interest. Optimal Spaces offers strategic advice and execution for commercial real estate, corporate brokerage, market research and consulting. Optimal Spaces brokers are all experts each with a minimum of ten years in the fields of retail and office. For more information go to our website www.optimalspaces.com.
Media Contact:
Stephen Sunderland
212-258-2700
SOURCE Optimal Spaces
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