The Broadsheet

Restoration Comity

Who should apply? Winners could range from an established business looking for a new outpost to artists and entrepreneurs ...

This $129 Million Unfinished Apartment Just Became Lower Manhattan’s Biggest Deal Ever

The contract for sale at 80 Clarkson caps a banner year for New York's downtown neighborhoods, signaling a shift in where the ...
Commercial Observer

Lower Manhattan’s Hotel Occupancy Rate Hits Record High as Office Leasing Stalls

Hotel occupancy rates in Lower Manhattan have hit new highs so far this year, even as office leasing in the area stalls. Downtown’s hotels boasted an occupancy rate of 89 percent in the second quarter ...
Brooklyn Eagle

A cargo drone will be flying between Lower Manhattan and Brooklyn through Jan. 23

Drone carrying cargo will be flying over East River between Lower Manhattan and Brooklyn from 9 a.m. and 5 p.m. on weekdays starting Friday.
The Broadsheet

Who’s Minding the Store?

Lower Manhattan Leads New York in Languishing Retail Space ...
Commercial Observer

In Manhattan Office Leasing, You Can Always Go … Downtown

Think of it this way, said Adam Foster, a CBRE executive vice president with 14 million square feet in leasing deals to his credit: Conversions to residential are taking a lot of unused — and unusable ...
New York Post

Lower Manhattan office space ‘tours’ on the rise despite Downtown’s struggling properties

The Downtown office market is in even worse shape than widely reported data indicate, according to several major dealmakers. One of them, an industry legend not given to doom-and-gloom scenarios, told ...
Crain's New York

Lower Manhattan's offices stagnate as its hotels thrive

The number of new office leases in Lower Manhattan jumped 16% in the first quarter of 2024 but are still lagging 35% behind the five-year average, according to a report released Thursday by the ...