Friday, December 16, 2011

Cushman Research Fact of the Week

TOP 10 FACTS OF 2011



CATEGORYFACT
Largest LeaseConde Nast : 1,046,000 sf
Largest Sale1633 Broadway : $980.000.000
Submarket with the Largest YOY decline in VacancyHudson Sq. W. Village: -7%
Submarket with the Largest YOY increase in Class A Asking RentsHudson Sq. W. Village: +29.5%
Highest Asking Rent SubmarketMadison Fifth/Avenue: $97 psf
Largest Leasing MonthMay: 4.3 million square feet leased
Submarket with the Highest YTD AbsorptionWest Side: 1.4 Million square feet
Most Active Leasing IndustryFinancial Services: 33.4%
Highest Taking rent767 Fifth (GM): $180 psf
Best Real Estate Research GroupCushman & Wakefield

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