Manhattan Landlords Are Offering Massive Giveaways to Their Retail Clients

Manhattan Landlords Are Offering Massive Giveaways to Their Retail Clients
  • Incentives ‘creative solution’ as stores go dark, broker says

  • Power shifting toward merchants after rents rose to records

Manhattan landlords, who have seen retail occupancy plummet after boosting rents to record levels, are trying to avoid big price cuts. Instead, they’re writing checks for things like interior redesigns and moving expenses to keep storefronts from going empty.

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Why 2017 will be the year of office construction

Why 2017 will be the year of office construction

There's no denying it: Office construction in the U.S. is on the rise and will be for the foreseeable future. From the proposed tallest office-only skyscraper in Chicago since 1990 to the new Marriott headquarters planned for downtown Bethesda, MD, companies are getting to work in their quest to attract new employees in areas with robust economic growth.

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