By Dana Rubinstein 10/08/08 2:32pm

CBRE to Commercial Real Estate Industry: Stop Panicking!

Calm down! That was the message CB Richard Ellis honchos impressed upon reporters at this morning’s end-of-third-quarter breakfast, at which the brokerage released a "Supply & Demand Special Report."

"Everybody’s knee-jerk reaction this month has been wrong," said Simon Wasserberger, senior vice president of CBRE’s New York tri-state region consulting group, referring to predictions that Read More

By Tom Acitelli 3/12/07 12:00am

Quietly, Midtown Asserts Its Dominance

Downtown Manhattan grabbed headlines throughout the end of February, as Governors Spitzer and Corzine endorsed—however begrudgingly—the Freedom Tower and the board of the Port Authority signed off on $500 million in funding for the skyscraper.

Analysts ticked off the usual litany of benchmarks showing downtown’s resurgence in the last five years: the low vacancy rates Read More