1. The Office Forecast: Lukewarm.
- Author
-
Holusha, John
- Subjects
- *
BUILDING leases , *COMMERCIAL leases , *OFFICE buildings , *LEASES , *FINANCE , *REAL property , *ECONOMIC recovery , *COMMERCIAL buildings , *OFFICES , *URBAN growth , *COMMUNITY development , *URBAN economics , *METROPOLITAN areas , *LANDLORD-tenant relations , *SUBURBS , *RETAIL stores , *HOTELS - Abstract
Examines the office leasing market in New York City. Why a disconnect between soft leasing fundamentals and high prices paid for office buildings and other properties is likely to continue; Financial details; Outlook for 2004 as a year of recovery; Expectation that the pace of leasing will pick up; Overview of available space; Impact of low interest rates on the market; How tenants are locking in longer terms; Leasing slowdown in the suburbs; Steady rents for store space; Upturn for the hotel industry. INSET: The 10 Biggest Deals.
- Published
- 2004