Market Insights
Colliers New York City

Commercial Real Estate Research and Analysis for
New York City

Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Recent Reports | New York City

Market Report
1Q2016 Manhattan Construction Report

Progress continues on the 35.21 MSF pipeline of new Manhattan office inventory. Looking ahead, nearly 9% of the total is expected to be completed this year.

Market Report
1Q2016 Manhattan Tech Report

Manhattan's technology industry sector had a strong start in 2016. Despite a slight decline in employment, year-to-date leasing activity was up.

Market Report
1Q2016 Manhattan Office Market Report

The Manhattan office market began 2016 with stronger leasing activity, but higher availability and negative absorption as compared to year-end 2015.

Market Report
1Q2016 Brooklyn Office Market Report

Among the buildings in the Colliers “Brooklyn 30” statistical sample, the quarterly availability rate was up 1.7pp (percentage points) to 23.6%, but was still less than the 28.0% availability rate during 1Q 2015.

Market Report
4Q2015 Manhattan Capital Markets Report

Office sale prices and asking rents in Manhattan reached peaks in 2015, overshadowing the prior cyclical high set in 2008. The average sale price was $996 psf largely driven by sales of core properties with valuable retail components. Demand for Manhattan office properties from both local and foreign investors was robust.

Market Report
4Q2015 Manhattan Office Market Report

At the close of 2015, Manhattan’s availability rate was lower than at any time in the last seven years; net absorption was positive for the sixth consecutive year and asking rents set new records in Midtown South and Downtown.

Market Report
4Q2015 Midtown Office Market Report

Midtown’s availability rate was down for the year, yearly net absorption was positive and the average asking rent was up over year-end 2014.

Market Report
4Q2015 Midtown South Office Market Report

In Midtown South, at the close of 2015, the market was tighter than at any point since 2007, absorption was positive and asking rents have never been higher. At 10.53 MSF, leasing activity was off 19.2% from 2014’s 13.02 MSF.

Market Report
4Q2015 Downtown Office Market Report

2015 was a challenging year for Downtown. Availability increased year over year and net absorption, while positive, was weaker than in either Midtown or Midtown South.

Market Report
3Q2015 Downtown Office Market Report

Following an anemic 2Q 2015, Downtown ended the third quarter strongly with positive absorption, decreasing availability and a new record average asking.

Market Report
3Q2015 Manhattan Capital Markets Office Report

Sale prices for the first three quarters of 2015 remain at or near record levels, reinforced by a growing local economy and increasing asking rental rates.  Despite a choppy stock market, the prospect of rising interest rates and concerns about the Chinese economy, investment capital continues to pour into the New York office market.

Market Report
2Q2015 Midtown Office Market Report

Midtown markedly improved from the previous quarter’s results: Availability decreased, absorption was positive and the asking rent average was up.

Market Report
2Q2015 Downtown Office Market Report

Following a disappointing first quarter, Downtown ended the second quarter solidly with positive absorption, decreasing availability and record average asking rents.

Market Report
2Q2015 Manhattan Construction Market Report

With 37 projects totaling 28.2 million square feet (MSF) either underway or proposed, Manhattan construction/renovation is more active than it has been since the 1980’s.





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Recent Reports

Q4 2015 Industrial Report

The U.S. industrial market remains at a post-recession high, recording the lowest levels of vacancy coupled with record construction activity.

Q4 2015 Office Report

Nearly 40% of the 80 markets Colliers tracks have vacancy rates at or below their pre-recession lows.

Q4 2015 Top Office Metros Snapshot

Growth continues in core areas of top office markets. Tech, corporate relocations and professional services strong drivers of activity.

The California Water Crisis

It has been four years since significant rainfall graced the Golden State; what was once fodder for Late Show jokes about designer bottled water is now a serious problem for residents of the western coast of the United States

Positive Outcomes and Positive Returns: The Resurgence of the Medical Office Market

“The U.S. healthcare industry and medical office market are in transition due to several sea change issues: the Affordable Care Act; the aging baby boomer population; and advancements in technology that are profoundly impacting healthcare delivery. This report examines these trends in detail and their impact on healthcare real estate and the investment climate.”

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Knowledge Leader Spring/Summer 2015

Read About the Future of Industrial CRE

Read About the Future of Industrial CRE: In the Winter 2016 issue of Knowledge Leader, we talk with Gene Reilly, CEO of the Americas for industrial real estate giant Prologis, and explore how industrial properties and logistics will look quite different in the not-too-distant future.

Read Knowledge Leader

Office Market the Strongest Since the Recession

The recovery has broadened significantly, both geographically and by industry, with the U.S. adding the most jobs in 2014 since 1999 and with broader employment growth driving demand for office space

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