NY Update

We thought you might like a peek at our event yesterday morning in New York, where 250 attended our Bisnow State of the Market Breakfast & Schmooze.
 
W&M president Tony Malkin (they own the Empire State Building among many properties) and Steve Spinola, who's been president of the Real Estate Board of New York since 1986. Tony says NY has seen a turnaround in leasing, an increase in tours, and a decline in proposal-to-lease times. He foresees a decrease in public financing for real estate but says we should see a change by 1Q10, and that people will view NYC as an inexpensive world capital to locate businesses over the next 6-12 months.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

How Crystal Lake 'Connects The Dots' To Building Complete Community

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

First LaSalle Street Reimagined Conversion Opens In Chicago's Loop

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient