More office tenants are ditching aging buildings for newer spaces – Robert Khodadadian

, More office tenants are ditching aging buildings for newer spaces – Robert Khodadadian, Robert Khodadadian

A tale of two office markets is unfolding in Manhattan as a growing number of tenants ditch older spaces for newer or recently renovated buildings. More than 76 percent of office occupants who have moved in Manhattan since the start of the pandemic have either gone from one Class A property to another or upgraded to a Class A building from a Class B one, according to an analysis by CompStak. Tenants in the technology,

 A tale of two office markets is unfolding in Manhattan as a growing number of tenants ditch older spaces for newer or recently renovated buildings. More than 76 percent of office occupants who have moved in Manhattan since the start of the pandemic have either gone from one Class A property to another or upgraded to a Class A building from a Class B one, according to an analysis by CompStak. Tenants in the technology,
The post More office tenants are ditching aging buildings for newer spaces appeared first on New York.  Commercial Real Estate, Home Page, CompStak, Manhattan, Manhattan Office Market, Office Leasing, office market The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, 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.

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