NYC's high-end office market scores record year for new leases that top $200 per square footManhattan's office market records over 28 leases above $200/sq. ft. in 2024, marking a historic high.
Major NYC landlords get surprise boost from growing media giantBloomberg LP's significant lease renewals are positively impacting Manhattan's commercial real estate market amid a challenging leasing environment.
Secondhand EVs will flood the market in 2026, JD Power saysLeasing dominates the EV market in 2023, indicating a shift in consumer behavior and market dynamics.A shortage of used vehicles, both ICE and EVs, is anticipated in the coming years due to leasing trends.The significant drop in EV prices reflects improved affordability and potential for wider adoption.
Hybrid work patterns, vacancy concerns push office utilization effortsCompanies have successfully adapted to hybrid work postures, with a notable increase in steady office utilization.