Office leases continue to be an unpredictable category for Manhattan’s commercial landlords, but the “flight to quality” in the sector last year powered a bump in high-dollar deals. There were 190 leases of at least $100 per square foot last year, according to JLL’s Year-End Recap reported by the New York Post. The figure was a record number of new leases at the price point, beating the 164 leases recorded in 2021. The $100-per-square-foot leases
Office leases continue to be an unpredictable category for Manhattan’s commercial landlords, but the “flight to quality” in the sector last year powered a bump in high-dollar deals. There were 190 leases of at least $100 per square foot last year, according to JLL’s Year-End Recap reported by the New York Post. The figure was a record number of new leases at the price point, beating the 164 leases recorded in 2021. The $100-per-square-foot leases
The post Manhattan notches premium office deal record for 2022 appeared first on The Real Deal New York. Commercial Real Estate, Home Page, Brookfield Properties, JLL, Manhattan Office Market, Office Leasing, SL Green The Real Deal New York
Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
