Office Vacancies Rise, As Do Building Prices.

Authors :: Holusha, John
Source :: New York Times. 9/15/2002, Vol. 151 Issue 52242, section 11 p1. 0p. 3 Color Photographs, 2 Black and White Photographs, 1 Graph.
Publication Year :: 2002
Abstract: Focuses on the New York City commercial real estate market. Factors which have led to depressed rent levels, including employee dismissals at financial services and a decrease in the number of Internet and telecommunications companies; Similarity of market conditions in neighboring areas, such as jersey City, New Jersey; Demand for retail space; 2002 hotel occupancy rate compared with the same period in 2001.