Lower Manhattan Landlords Shift Focus to Technology Tenants as Financial Sector Sputters
July 31, 2013


With larger financial companies still shrinking, landlords in Lower Manhattan have shifted their marketing away from their traditional tenants and are now courting the media and technology tenants that have been pushing up rents in the Midtown South market, Bloomberg News reported...

“[The tech] sector still lacks the heft to fill the void,” Steven Coutts, a broker with commercial brokerage Studley, told Bloomberg.

Lower Manhattan landlords shift focus to technology tenants as financial sector sputters







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