STATE OF THE MARKET

That’ll be the topic of our Bisnow Breakfast & Schmooze Thursday morning, featuring W&M president Tony Malkin, REBNY chief Steven Spinola, Jones Lang prez Peter Riguardi, CBRE legend Bob Alexander, First Service Williams chairman Bob Freedman, and Orrick real estate guru Marc Shapiro. [More info.]
To give you a sneak preview, we asked Tony what he makes of leasing activity that’s picked up since May. His caution: The market is focused on landlords with stability. While headlines speak to rolling issues in mortgage foreclosures, financially sound owners with lender relationships are able to get financing—and there are many without any near-term maturities. As a whole, NYC remains a magnet for the best and brightest, he says. Hear lots more Thursday morning. (We’ll holding it at the spiffy NYC Bar Association ballroom across from the Algonquin on W. 44th, and, despite some glimmers of market optimism, we’re still doing it at recession-busting prices!Sign up now.)

Continue reading this story with a free account

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

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

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

Taconic Partners Sheds Another NYC Life Sciences Property

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

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