NYC commercial construction valued at $23.8B between 2013 and 2017

According to this week’s market reports, Manhattan rents dropped slightly in May and commercial construction activity in NYC totaled $23.8 billion between 2013 and 2017. Residential Rentals | MNS In May, rents in Manhattan dropped by 0.52 percent on a month-to-month basis to $3,944. Non-doorman one-bedrooms in the Financial District and Tribeca, however, posted increases of 10.5 percent and 8.4 percent, respectively. The biggest bargains, meanwhile, are doorman one-bedrooms in Soho and non-doorman studios in […]


Source: Real Estate

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