According to the latest monthly report from the Real Estate Board of New York (REBNY), Manhattan’s office visitation rate for October has risen to 70%, a significant increase from September’s 66%. This data, collected through Placer.ai’s location tracking technology, shows a strong trend in visitation rates across various building classes. In particular, Class A+ properties saw an impressive surge to 74%, up from September’s 67%. While there are variations between submarkets such as Midtown, Midtown South and Downtown, all areas have shown an increase in average visitation rates. This is a promising sign for New York City’s commercial real estate market.
“Goodyear Selected for High-End Self-Storage Facilities”
Benson Construction has begun the construction of a LuxeLocker Storage facility in Goodyear, Arizona. The new state-of-the-art facility will be