Talking Manhattan
Talking Manhattan
Noah Rosenblatt & John Walkup of UrbanDigs
The NYC Office Market Today with Ben Blumenthal
21 minutes Posted Jul 25, 2023 at 1:26 pm.
What's happening in the NYC office market?
Vacancy rates
Landlord concessions
Remote work and the evolution of the office market
Cap rates
Liquidity
Can landlords withstand the drawdown?
Looking ahead & the inspiration of NYC
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21:32
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Show notes
Ben Blumenthal, the founder and principal broker at Noah & Co. and a specialist in Midtown Manhattan office space, sits down with Noah Rosenblatt and John Walkup of UrbanDigs to talk about the NYC office sector. Ben shares his thoughts on the current state of the office market in the city, the ability of landlords to manage change, the impact of remote work, cap rates, and much more. Ben knows the nuances and intricacies of this market very well, and it shows. A must-watch/listen for NYC real estate folks!
Highlights:
Ben's Team Page and Noah & Co.
https://www.noahre.com/team
Link to the article mentioned in the podcast:
https://www.curbed.com/article/nyc-office-real-estate-rechler-rxr-project-kodak.html
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Link to our overview of Manhattan or Brooklyn real estate stats:
https://www.urbandigs.com/marketwide-charts/
For more Manhattan and Brooklyn real estate conversations:
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