{"id":1004727884,"date":"2024-09-06T03:09:26","date_gmt":"2024-09-06T11:09:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004727884"},"modified":"2025-03-24T22:48:36","modified_gmt":"2025-03-25T06:48:36","slug":"step-into-my-office-taking-a-closer-look-at-nycs-office-landscape","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/step-into-my-office-taking-a-closer-look-at-nycs-office-landscape\/","title":{"rendered":"Step Into My Office: Taking a Closer Look at NYC\u2019s Office Landscape"},"content":{"rendered":"<iframe allow=\"autoplay *; encrypted-media *; fullscreen *; clipboard-write\" frameborder=\"0\" height=\"175\" style=\"width:100%;overflow:hidden;border-radius:10px;\" sandbox=\"allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation\" src=\"https:\/\/embed.podcasts.apple.com\/ro\/podcast\/step-into-my-office-taking-a-closer-look-at-nycs\/id1552202952?i=1000668603431\" ><\/iframe>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/step-into-my-office-taking-a-closer-look-at-nycs-office-landscape\/step-into-my-office\/\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"675\" data-attachment-id=\"1004728122\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/step-into-my-office-taking-a-closer-look-at-nycs-office-landscape\/step-into-my-office\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg\" data-orig-size=\"900,675\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Step Into My Office\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The office market in NYC is showing some signs of improvement, despite challenges in the sector. Image by peshkov\/iStockphoto.com&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg?w=900\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg\" alt=\"Step Into My Office podcast cover - MHN\" class=\"wp-image-1004728122\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg 900w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Step-Into-My-Office.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">The office market in NYC is showing some signs of improvement, despite challenges in the sector. <em>Image by peshkov\/iStockphoto.com<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The demand for traditional office environments is shifting, leading to significant impacts on vacancy rates, lease structures and development activity. As companies are looking for ways to right-size their portfolios and office spaces, the market&#8217;s current outlook is showing some improvement. Office attendance is now closer to <a href=\"https:\/\/www.commercialsearch.com\/news\/manhattan-office-visits-up-year-over-year-rebny\/\">pre-pandemic levels<\/a>, and some companies have found the right formula for increasing leasing rates.<\/p>\n\n\n\n<p>In the first episode of Step Into My Office, <em>CPE\u2019s <\/em>new quarterly podcast series, Associate Editor Olivia Bunescu delves into the current office market trends across New York with Nick Berger, director of commercial leasing at The Moinian Group. Berger shares some of the company\u2019s leasing strategies as it adapts to changing tenants\u2019 needs and <a href=\"https:\/\/www.commercialsearch.com\/news\/corenet-global-survey-looks-at-the-current-state-of-office-work\/\">hybrid work models<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide\" style=\"background-color:#dadada;color:#dadada\"\/>\n\n\n\n<p><strong>LISTEN TO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/rics-monitor-the-worst-is-behind-us-cre-players-believe\/\">RICS Monitor: Is the Worst Behind Us?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide\" style=\"background-color:#dadada;color:#dadada\"\/>\n\n\n\n<p>Here\u2019s what he discussed about:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Major trends across NYC\u2019s office landscape (01:04)<\/li>\n\n\n\n<li>Financial and legal services are leading the office market (02:05)<\/li>\n\n\n\n<li>\u201cThe office market is a bit better than the start of the pandemic, but it\u2019s not quite where we want it to be.\u201d (03:13)<\/li>\n\n\n\n<li>How have office lease terms changed across the office market? (04:34)<\/li>\n\n\n\n<li>Accommodating tenants\u2019 expectations as part of leasing strategies (05:50)<\/li>\n\n\n\n<li>Competition for tenancy is an ongoing challenge in the office sector (07:23)<\/li>\n\n\n\n<li>Approaching leasing from a customer-centric standpoint (09:17)<\/li>\n\n\n\n<li>NYC\u2019s scene is set up for improvement, but there\u2019s a long way to go (11:35)<\/li>\n\n\n\n<li>How proximity to major transportation hubs and quality attracts tenants (12:55)<\/li>\n\n\n\n<li>The Moinian Group\u2019s formula for portfolio growth and leasing success (14:38)<\/li>\n\n\n\n<li>Keeping a closer look at the Grand Central area (17:24)<\/li>\n\n\n\n<li>Embracing conversions as an expansion strategy (19:30)<\/li>\n\n\n\n<li>The inspiration behind The Moinian\u2019s Mile (20:44)<\/li>\n\n\n\n<li>What\u2019s next for NYC\u2019s office scene? (22:52)<\/li>\n<\/ul>\n\n\n\n<p><em>Follow, rate and review CPE\u2019s podcasts on\u00a0<a href=\"https:\/\/open.spotify.com\/show\/192KwbDpOsZbF3dBXfaDkS\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Spotify<\/a>\u00a0and\u00a0<a href=\"https:\/\/podcasts.apple.com\/ro\/podcast\/commercial-property-executive\/id1552202952\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Apple Podcasts<\/a>!\u00a0<\/em><\/p>\n\n\n\n<p><em>Music credit: Sunrise Sprint Office Beats via stocktune.com<\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nick Berger of The Moinian Group shares tips for leasing success with Associate Editor Olivia Bunescu in the first episode of Step Into My Office.<\/p>\n","protected":false},"author":2703,"featured_media":1004728122,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1600,10,21747,21795],"tags":[52577,33991],"class_list":["post-1004727884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-new-york","category-northeast","category-office","category-podcasts","tag-step-into-my-office","tag-the-moinian-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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