Brief
$300 a Square Foot for a Manhattan Office Is Losing Its Shock Value
The path to $300-per-square-foot office taking rents in Manhattan began with a glimpse toward the future. In 2016, Mary Ann Tighe, CEO of the New York tri-state region for CBRE, was negotiating with i
Summary
The path to $300-per-square-foot office taking rents in Manhattan began with a glimpse toward the future.
In 2016, Mary Ann Tighe, CEO of the New York tri-state region for CBRE, was negotiating with investment giant Citadel on behalf of L&L Holding Company, owner of 425 Park Avenue, which was then under construction.
According to Tighe, […]
Source
- Commercial Observercommercialobserver.com
