Articles of the week ending May 8th
Colliers report finds two 100K+ office leases drove activity in April
By Julian Nazar, Crain’s New York Business
Manhattan’s office market stayed strong in April with 3.6 million square feet leased, led by two major deals from Cleary Gottlieb and Tennr, while availability continued to decline as demand outpaced supply.
Largest commercial property managers in New York City 2026
By Julian Nazar, Crain’s New York Business
New York City’s commercial property management landscape shifted in 2026 as Paramount Group exited the rankings after its acquisition by Rithm Capital, while Columbia Property Trust joined the top 25 and the top five firms held their positions.
Manhattan Office Demand Surpasses Averages With 3.6M SF Leased in April
By Amanda Schiavo, Commercial Observer
Manhattan’s office market remained strong in April with 3.61 million square feet leased, outperforming historical averages as major deals across Midtown South and Lower Manhattan signaled sustained tenant demand.
Manhattan’s Tech Sector Notched a Record Number of Lease Deals in 2025
By Emily Davis, Commercial Observer
Manhattan’s tech sector set a record in 2025 with 235 office lease deals and sustained strong momentum into 2026, driven largely by AI companies rapidly expanding their office footprint.