NEW YORK CITY—Cushman & Wakefield has addedthe latest statistics and trends on the Brooklyn office market toC&W TechBeat,its website that provides technology startups and creativecompanies the latest information, reports and trends on theManhattan commercial real estate market.
Launched in June, the site offers up-to-date statistics onManhattan's three main submarkets—andnow Brooklyn—and the latest TAMI (technology, advertising, mediaand information) sector lease transactions. Further, it providesupdates on what's trending in real estate, companies 'on the move'and where the hot neighborhoods and tech-friendly buildings arelocated. A main feature of the site, a chart called 'Evolution of aStartup,' outlines the real estate lifespan of a startupcompany.
“Today's Brooklyn is the coolest and hottest market in the US,”says Joseph Cirone, a Cushman & Wakefielddirector. “The demographic changes in Brooklyn over the past 15years have been dramatic. Since 2000, the population has increasedby 5%, thanks in large part to the influx of millennials. So, it'snot surprising that burgeoning startup firms that want to tap intoa younger work force would want to locate in Brooklyn.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
