Market

Cresa's New York City Office tracks local real estate market statistics in the five boroughs of New York City including: Manhattan, Brooklyn, Queens, the Bronx and Staten Island. The Office's primarily focus is in the Manhattan submarkets of Midtown North, Midtown South and Downtown.

The City continues to attract a wide array of industries. Manhattan remains the undisputed international hub for the Financial Services industry. In addition, it is home to many of the nation's – and the world's – leading law firms. The city continues to attract an ever-widening range of creative services firms, including internet-based companies, media organizations, publishing and communications entities. Such fast-growth organizations as Google, Twitter, Gilt, Facebook, Huffingtonpost.com, Bloomberg and Myspace continue to expand here.

Serving more than 500,000 college students in the area, Education Services is a strong contributor to economic activity in the city. As one the world's top tourist destinations, the local Leisure & Entertainment sector and Manhattan's tremendous retail base benefit from the constant stream of both national and international visitors. Its recognition as an international Fashion center also serves to bolster the city's economy. And, of course, the New York City area remains a center for corporate headquarters.

The vibrancy of the city and its wealth of diversity in both business opportunities and lifestyle choices has always been a strong draw – and continues to attract the best and brightest to its borders.

Cresa tracks the Manhattan office market on a daily basis. Our professionals are knowledgeable in current trends and market conditions. They have significant experience in addressing the needs of the business community. Whether finding the perfect space, negotiating favorable lease terms or arranging the optimal space layout, our team offers a range of invaluable resources to help tenants find the best occupancy solutions.


Company

Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.