Manhattan Commercial Real Estate Occupancy at 8.7%
Manhattan commercial real estate is doing great. With low occupancy and the average asking rent for Class A space in Manhattan at over 59 dollars a square foot, finding quality space in the city is getting very hard to find.
Manhattan’s commercial real estate market surged in the fourth quarter of 2005, while the residential market tightened.
In the commercial market, both the Class A and overall vacancy rates fell to their lowest level in five years, according to a fourth-quarter market report by brokerage firm Colliers ABR. Overall vacancy rates fell to 8.7% while rates for Class A office space dipped to 7.4%. The last time rates were as low was December 2000, when the overall vacancy rate was 5.0% and the vacancy rate for Class A office space was 3.9%. New York Business.
Montreal Canada. L`ile bizard. Large private mansion with concrete pool, sauna, nested in woods. with 6 large garages ...
Great points Tom - the flavor of the day solution is only adding to the instability and volatility.
When Washington ...
I see it all too often where owners decide to be investors without understanding that tenants have rights. Its ...
cont from above post.....
please contact me via e-mail if interested in the home listed
above.
jonieckstrom@yahoo.com 
This is a topic currently being debated in our local Real Estate Board here in Toronto Canada. Online, we ...
A property management company should realize that most potential tenants now will have a foreclosure or bankruptcy on their credit....as ...
my boyfriend and i just fell for the scam ourselves, it's sad what they are able to do. I am ...
Now is an excellent time for business people to buy if they have decent credit (I did not say excellent ...
