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New York City Area MarketBeat Reports

Lori Albert • 7/17/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent New York MarketBeat reports below.

 

The COVID-19 pandemic struck the U.S. in March 2020, late in the quarter but with enough time to have a significant impact on first quarter market fundamentals. In the second quarter of 2020, the U.S. economy felt its effects more fully, as government-mandated shutdowns along with shelter-in-place ordinances pushed the country deeper into recession.

Current Marketbeats

Office MarketBeat Report
Q2 2020 Manhattan Office Report

The impact of COVID-19 triggered a steep decline in second quarter 2020 demand as Manhattan new leasing fell to a 25-year quarterly low of nearly 2.5 million square feet. Overall vacancy rate increased by 60 basis points to 11.9%

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Retail MarketBeat Report
Q4 2019 Manhattan Retail Report

Manhattan retail leasing activity totaled more than 4.0 million square feet (msf) in 2019, a 6.8% increase compared to 2018’s 3.4 msf leased. Leasing velocity has been on the upswing the last few years, as 2019 activity was up 9.7% from 2017.

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Office MarketBeat Report
Q2 2020 Long Island Office Report

Leasing activity in Long Island trended downward in second quarter compared to the first quarter of 2020, but fell behind last year’s total by only 2.1%.

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Industrial MarketBeat Report
Q2 2020 Long Island Industrial Report

Overall industrial demand in Long Island was predominantly driven by eCommerce tenants, including the two
largest leases of the quarter. At more than 360,000 sf, both deals accounted for 50.2% of the quarterly total and were two
of the top five largest transactions so far in 2020.

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Industrial MarketBeat Reports
Q2 2020 NY Outer Boroughs Industrial MarketBeat

The New York Outer Boroughs' market conditions tightened and vacancy ticked slightly lower to 4.9% as the market recorded more than
150,000 sf of occupancy gains.

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Featured Insights: Current U.S. MarketBeats

Q2 2020 U.S. Office MarketBeat Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 7/14/2020
Q2 2020 US Industrial MarketBeat Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 7/9/2020
Q2 2020 US Retail MarketBeat Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 7/14/2020

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