Published 30 days ago • loading... • Updated 29 days ago

Newmark Expands to 184K SF at SL Green’s 125 Park Avenue

Summary by Commercial Observer

The brokerage signed a 15-year renewal and expansion to grow to 184,239 square feet.

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Commercial Observer

Newmark Expands to 184K SF at SL Green’s 125 Park Avenue

The brokerage signed a 15-year renewal and expansion to grow to 184,239 square feet.

29 days ago

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Wolf Commercial Real Estate | South Jersey | Philadelphia PA

Park Avenue Office Availability Hits 6-Year Low - Wolf Commercial Real Estate

Park Avenue, one of New York City’s prime corporate corridors, is making a strong comeback after the pandemic downturn. The office availability rate fell to 8.2% in the fourth quarter of 2024 — the lowest level since 2018 — according to a report by Avison Young. This marks a sharp improvement from its peak of nearly 20% in mid-2021, when the pandemic’s impact on office leasing was at its height. The recovery on Park Avenue stands out against the…

30 days ago

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