Madison Avenue Manhattan

AVRS Takes 11% Stake in BXP-Owned Office Tower

AVRS Partners acquired an 11% stake in a planned 46-story, Class-A, Manhattan, N.Y., office space owned by BXP. The 930,000-square-foot development project at 343 Madison Ave. is set to be completed by 2029 and will cost an estimated $2 billion.

manhattan office space fifth avenue

Koeppel Rosen Boasts 3 New Leases Across Manhattan, N.Y., Office Portfolio

The largest of the three leases was inked by GIC Technologies, Inc., which signed a lease for 5,345 square feet of Manhattan office space at 902 Broadway.

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Shrinking Pipeline Makes Room for Over-Supplied Markets to Increase Absorption in Following Years

The significant reduction in office deliveries over the past few years leaves a void of best-in-class office offerings and creates an opportunity to fill this need with fully amenitized, class A+ space in prime locations.