Tag
Office Market
4 articles

Miami Office Rents Overtake Manhattan at $67.12/SF—Data Shows Finance Concentration Risk
Miami-Dade County's average asking rent hit $67.12 per square foot in Q2 2026, surpassing Manhattan, driven by hedge fund and family office relocations concentrated in new Class A towers.
New York Overtakes Bay Area in Tech Jobs as AI Drives Office Leasing Boom
New York now hosts 394,300 tech workers versus Bay Area's 375,730, but San Francisco's AI companies are consuming office space at unprecedented rates
Vornado's Penn Station Bet Pays Off: Blue-Chip Tenants Drive Leasing Gains
Major developers see their long-term investments around Penn Station attracting premium office leases, signaling future revenue growth
Manhattan Office Rebound: Nine West 57th Street Signals Undervalued Opportunity for SL Green
The successful revitalization of Nine West 57th Street highlights a critical pivot in New York's commercial real estate sector, pointing to strategic adjustments by property owners and potential upside for targeted REITs.