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Welcome to New York!
Colliers ABR, Inc. (CABR) is a full service commercial real estate services firm headquartered at 40 East 52nd Street, New York, NY. We operate in the New York City, Westchester County, New Jersey and Fairfield County, CT markets. We offer tenant services, landlord services, agency brokerage, consulting, property management, project monitoring and market research.
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ROCKY QUARTER
The New York office market was certainly
not in the finest of form in the second quarter
as its overall vacancy rate increased 90 basis points to 8.7% from 7.8% in the first quarter while the overall average asking rent
managed only a minor increase, climbing
2.1% to $66.75/sf from $65.38/sf.
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