In April, leasing volume in Manhattan decreased by 7.7% from the prior month and 43.9% from the previous year, according to Colliers’ April Manhattan Office Report. This drop in demand resulted in an increase of 0.3 percentage points to 17.4%, matching February 2022’s record high for availability rate. Negative absorption during this period totaled 1.35 million square feet while available supply rose 74

INSPIRED BY SOMERSET DEVELOPMENT SECURES $211 MILLION FINANCING PACKAGE FROM MADISON REALTY CAPITAL AND COTTONWOOD GROUP FOR LIDO ASBURY PARK
ASBURY PARK, N.J. (July 17, 2026) – Inspired by Somerset Development, the real estate powerhouse behind the acclaimed Bell Works portfolio, today announced the

