{"id":1004055283,"date":"2012-12-16T20:25:11","date_gmt":"2012-12-17T04:25:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004055283"},"modified":"2022-12-08T18:05:25","modified_gmt":"2022-12-09T02:05:25","slug":"recovering-from-sandy-timeline","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/recovering-from-sandy-timeline\/","title":{"rendered":"Recovering from Sandy: Downtown Manhattan Timeline"},"content":{"rendered":"<p>The mega-storm known as Sandy brought drastic, if temporary, changes to the\u00a0Downtown Manhattan office market. In one of the nation&#8217;s biggest central business districts, nearly 30 million square feet of inventory were knocked out of\u00a0commission overnight\u2014more than one-third of the submarket&#8217;s total, according to a study by Cushman &amp; Wakefield Inc.<\/p>\n<p>Jonathan Mazur, director of New York City research for the firm, speculated in late November that more than half of the affected properties will be back online by the beginning of the year.<\/p>\n<p>Nevertheless, flood damage will keep other buildings out of service well into 2013.\u00a0\u00a0A few weeks after the storm, Cushman &amp; Wakefield projected the recovery times for Lower Manhattan\u2019s affected office properties:<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/in-print\/recovering-from-sandy-timeline\/attachment\/cpe_sandy_online\/\" rel=\"attachment wp-att-1004055847\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004055847\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/recovering-from-sandy-timeline\/cpe_sandy_online\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/12\/CPE_Sandy_online.jpg\" data-orig-size=\"432,328\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"CPE_Sandy_online\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/12\/CPE_Sandy_online.jpg?w=432\" class=\"alignleft size-medium wp-image-1004055847\" title=\"CPE_Sandy_online\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/12\/CPE_Sandy_online.jpg\" alt=\"\" width=\"300\" height=\"227\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/12\/CPE_Sandy_online.jpg 432w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/12\/CPE_Sandy_online.jpg?resize=300,228 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>For more analysis of the impact Hurricane Sandy had on commercial real estate and changes that could be made to better withstand future such storms, view the <a href=\"https:\/\/digital.commercialsearch.com\/news\/publication\/?i=139250&amp;p=26\">Special Report: When Disaster Strikes<\/a> in the January 2013 edition of Commercial Property Executive.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield Inc. projects how long it will take for Lower Manhattan&#8217;s flood-impacted office buildings to be brought back online.<\/p>\n","protected":false},"author":445,"featured_media":1004055847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004055283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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