{"id":41110,"date":"2017-01-19T01:22:30","date_gmt":"2017-01-18T18:22:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-office-landlords-scramble-to-keep-tenants-as-demand-falters\/"},"modified":"2017-01-19T01:29:01","modified_gmt":"2017-01-18T18:29:01","slug":"manhattan-office-landlords-scramble-to-keep-tenants-as-demand-falters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-office-landlords-scramble-to-keep-tenants-as-demand-falters\/","title":{"rendered":"Manhattan office landlords scramble to keep tenants as demand falters"},"content":{"rendered":"


\nManhattan office landlords are facing falling rents and heightened competition, spurring unprecedented spending to accommodate tenants.
\nEffective rents, the amount paid after concessions, slid 7 per cent in the fourth quarter from the previous three months to an average of US$57.18 a square foot, according to brokerage Savills Studley. Leasing has slumped and tenants are putting more excess space on the market for subletting — often a sign of weakness to come.
\nWith brand-new skyscrapers…
\n
\nSource : South China Morning Post
\nRead more…Manhattan office landlords scramble to keep tenants as demand falters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Manhattan office landlords are facing falling rents and heightened competition, spurring unprecedented spending to accommodate...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41110","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aH4","jetpack-related-posts":[{"id":70542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-office-leasing-picks-up-as-landlords-sweeten-deals\/","url_meta":{"origin":41110,"position":0},"title":"Manhattan office leasing picks up as landlords sweeten deals","date":"October 31, 2017","format":false,"excerpt":"\r Office leasing in New York\u2019s Manhattan district is on the rise \u2013 thanks in large part to deal sweeteners offered by landlords. With big companies reducing space and new towers rising across New York, office owners are trying to attract tenants by lowering asking rents and shelling out cash\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-landlords-race-to-fill-flats-in-declining-market\/","url_meta":{"origin":41110,"position":1},"title":"Manhattan landlords race to fill flats in declining market","date":"March 19, 2018","format":false,"excerpt":"\r Flats rents are dropping in Manhattan, and so is the patience of landlords. Units that found tenants in February spent an average of just 34 days on the market, the shortest stretch since October 2011, as owners cut rents, offered incentives and did whatever else they could to fill\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168432,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-dubai-rents-fall-in-2026-what-tenants-and-landlords-need-to-know\/","url_meta":{"origin":41110,"position":2},"title":"Will Dubai rents fall in 2026? What tenants and landlords need to know","date":"December 29, 2025","format":false,"excerpt":"\r Dubai rents expected to ease in parts of the market as vacancy rises and demand shifts, but peak-season and prime areas remain resilient The post Will Dubai rents fall in 2026? What tenants and landlords need to know appeared first on Arabian Business: Latest News on the Middle East,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/12\/Dubai-real-estate-1000x667-3.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":142298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-commercial-property-landlords-face-pressure-to-lower-rents-help-tenants-businesses-amid-weak-consumer-sentiment\/","url_meta":{"origin":41110,"position":3},"title":"Shanghai\u2019s commercial property landlords face pressure to lower rents, help tenants\u2019 businesses amid weak consumer sentiment","date":"February 12, 2024","format":false,"excerpt":"\r Owners of commercial properties in Shanghai are under pressure to cut rents to support restaurants and retailers facing the daunting task of sustaining their businesses amid lacklustre consumer demand.\r \r Source : South China Morning Post\r Read more...Shanghai\u2019s commercial property landlords face pressure to lower rents, help tenants\u2019 businesses\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-rents-can-be-slow-to-fall-in-the-uae-and-elsewhere\/","url_meta":{"origin":41110,"position":4},"title":"Why rents can be slow to fall in the UAE and elsewhere","date":"July 3, 2016","format":false,"excerpt":"\r Markets are complex, and consumers often struggle to understand pricing decisions, resorting to conspiracy theories. For example, in countries with floating petrol prices - the UAE is a new member of this club after subsidy reforms - consumers are convinced that retailers are far quicker to raise petrol prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-and-tenants-feel-the-pain-as-coronavirus-hits-rents\/","url_meta":{"origin":41110,"position":5},"title":"Landlords and tenants feel the pain as coronavirus hits rents","date":"April 2, 2020","format":false,"excerpt":"\r Closures of shops and restaurants takes already fraught relationships to the brink\r \r Source : ft.com\r Read more...Landlords and tenants feel the pain as coronavirus hits rents","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41110"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41110"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41110\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}