Underwriting the Perceived Instability of Short-Term Office Leases

By Leah Gallagher The threat of shorter office lease terms has been looming over the commercial real estate industry for several years. Companies first braced for the potential impact of new standards from the International Accounting Standards Board (IASB) recognizing all leases on the balance sheet, which took effect in January 2019. Then, the office leasing world was hit with additional…
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3 Numbers That Show A Strong Manhattan Real Estate Market

By Danny Mangru The Manhattan office market, often considered a bellwether for commercial real estate across the country, witnessed a slowdown in leasing activity during third quarter 2019. At the same time, several large blocks of space were added to the market, both…