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United States | New York, NY

Report | New York Law Firm Outlook - 2015

Summary

New York-area law firms are facing several challenges when it comes to finding suitable leasing options. Rising construction costs have made short-term renovations less desirable, and a lack of large-block availability is another key concern.

However, new developments at the Hudson Yards and the new World Trade Center offer modern, efficient space at competitive prices.

Our local Law Firm Perspective provides a thorough overview of the New York market to help you better shape your strategy. We explore conditions across the New York’s submarkets, from rental rates—including premiums for Trophy space and discounts for Class B space—to demand among professional and business services firms.​

(Click here to see an overview of 2015 national law firm trends and market comparisons.)

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