| Composition of new entrants highlights Downtown’s value proposition in the market | /405/new-york-city-10-16-2017-composition-of-new-entrants | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-office-dark-sky.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/405/new-york-city-10-16-2017-composition-of-new-entrants | Composition of new entrants highlights Downtown’s value proposition in the market | Midtown South-based companies represent the majority of relocations to Downtown in 2017―a testament to Lower Manhattan’s thriving culture and relative value. | | | |
| Books and home furnishings most impacted by e-commerce | /385/new-york-10-9-17-e-commerce-impacts | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/retail-education-books.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/385/new-york-10-9-17-e-commerce-impacts | Books and home furnishings most impacted by e-commerce | According to a recently released JLL Retail Research report entitled “Bagged or Boxed: The Future of 13 Retail Categories”, books and other gifts is the category most heavily affected by the impact of e-commerce, with online transactions accounting for 24.6 percent of their 2016 revenue. | | | |
| Manhattan office development sales activity pushes ahead while other property types waver | /372/manhattan-office-development-sales | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/interior-office-empty-workstations.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/372/manhattan-office-development-sales | Manhattan office development sales activity pushes ahead while other property types waver | Land / development sales activity has slowed thus far in 2017 compared with recent levels—following a macro trend—though office investments have already exceeded the recent annual historical high. | | | |
| Financial services recovers all jobs lost since the recession | /350/new-york-9-25-2017-financial-services-recovers | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-modern-glass-looking-up-sky.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/350/new-york-9-25-2017-financial-services-recovers | Financial services recovers all jobs lost since the recession | While jobs in the city’s creative and business services sectors rapidly recovered after the recession, employment growth in financial services—one of Manhattan’s key office demand drivers—has lagged. | | | |
| TAMI hub Midtown South sees surge in FIRE and PBS leasing, indicating the market’s desirability | /335/new-york-9-18-2017-tami-hub-midtown-surge | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-australia-sky-looking-up.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/335/new-york-9-18-2017-tami-hub-midtown-surge | TAMI hub Midtown South sees surge in FIRE and PBS leasing, indicating the market’s desirability | As new and expensive product enters the Midtown South market, traditionally high paying tenants—the FIRE and PBS sectors—have relocated to the TAMI hub at a higher frequency than years past. | | | |
| Hudson Yards/Manhattan West update: New and improved product continues to draw from Midtown | /319/new-york-9-11-2017-improved-product-draws-from-midtown | <img alt="" src="/united-states/en-us/PublishingImages/Snapshots/buidling-office-reflection-exterior.jpg?RenditionID=6" style="BORDER:0px solid;" /> | /united-states/en-us/research/snapshots/319/new-york-9-11-2017-improved-product-draws-from-midtown | Hudson Yards/Manhattan West update: New and improved product continues to draw from Midtown | As Hudson Yards/Manhattan West takes shape, more and more traditional Midtown tenants have committed to the new and renovated quality spaces on the far west side. | | | |
