As firms compete for luxury office space, it’s feast or famine for building owners

As firms compete for luxury office space, it's feast or famine for building owners

It’s a tale of two cities. While ultra-luxury office towers in hot spots are seeing massive rents of up to $300 per square foot, side street buildings are lucky to rent for a tenth of those prices. On average, asking rents in Manhattan are roughly $77 a foot, according to CBRE, but many basic office … Read more