{"id":7990,"date":"2016-03-15T09:00:41","date_gmt":"2016-03-15T02:00:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/midtown-manhattan-office-landlords-losing-power-to-drive-rents\/"},"modified":"2016-03-15T09:03:08","modified_gmt":"2016-03-15T02:03:08","slug":"midtown-manhattan-office-landlords-losing-power-to-drive-rents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/midtown-manhattan-office-landlords-losing-power-to-drive-rents\/","title":{"rendered":"Midtown Manhattan office landlords losing power to drive rents"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Midtown Manhattan office landlords are losing some power to set rents on their properties, even in the prized Park Avenue corridor,\u00a0after five years of aggressive price-pushing.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/international\/article\/1924585\/midtown-manhattan-office-landlords-losing-power-drive-rents\" target=\"_blank\">Midtown Manhattan office landlords losing power to drive rents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Midtown Manhattan office landlords are losing some power to set rents on their properties, even&#46;&#46;&#46;<\/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-7990","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\/p75ss1-24S","jetpack-related-posts":[{"id":83125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-landlords-race-to-fill-flats-in-declining-market\/","url_meta":{"origin":7990,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-office-landlords-scramble-to-keep-tenants-as-demand-falters\/","url_meta":{"origin":7990,"position":1},"title":"Manhattan office landlords scramble to keep tenants as demand falters","date":"January 19, 2017","format":false,"excerpt":"\r Manhattan office landlords are facing falling rents and heightened competition, spurring unprecedented spending to accommodate tenants. Effective 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.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-for-no-doorman-apartments-in-manhattan-hit-a-record\/","url_meta":{"origin":7990,"position":2},"title":"Rents for no-doorman apartments in Manhattan hit a record","date":"May 16, 2017","format":false,"excerpt":"\r Manhattan apartment rents are on the decline \u2013 unless you are living in a no-frills building without a doorman. For those units, rents just hit a record. While new luxury apartments with doormen \u2013 and other extras like pools and gymnasiums \u2013 are proliferating and landlords are cutting deals\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-office-leasing-picks-up-as-landlords-sweeten-deals\/","url_meta":{"origin":7990,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lower-manhattan-office-rents-peak-as-revived-downtown-booms\/","url_meta":{"origin":7990,"position":4},"title":"Lower Manhattan office rents peak as revived downtown booms","date":"July 4, 2017","format":false,"excerpt":"\r Asking rents for office space in downtown New York hit a record high in May as construction of a new tower at the World Trade Center and the migration of firms to a revitalised Lower Manhattan helped lift rental rates, brokerage CBRE Group Inc said. The average rent landlords\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-new-york-city-hit-record-highs\/","url_meta":{"origin":7990,"position":5},"title":"Office rents in New York City hit record highs","date":"April 4, 2017","format":false,"excerpt":"\r The average rent being asked by landlords for office leases hit a record high in Manhattan in the first quarter as historically low unemployment fueled the jobs market and leasing activity was above average, brokerage Colliers International said on Monday. Asking rents rose to US$73.92 a square foot in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7990"}],"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=7990"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7990\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=7990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=7990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=7990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}