NEW YORK CITY—Cushman & Wakefield has added the latest statistics and trends on the Brooklyn office market to C&W TechBeat, its website that provides technology startups and creative companies the latest information, reports and trends on the Manhattan commercial real estate market.
Launched in June, the site offers up-to-date statistics on Manhattan's three main submarkets—and now Brooklyn—and the latest TAMI (technology, advertising, media and information) sector lease transactions. Further, it provides updates on what's trending in real estate, companies 'on the move' and where the hot neighborhoods and tech-friendly buildings are located. A main feature of the site, a chart called 'Evolution of a Startup,' outlines the real estate lifespan of a startup company.
“Today's Brooklyn is the coolest and hottest market in the US,” says Joseph Cirone, a Cushman & Wakefield director. “The demographic changes in Brooklyn over the past 15 years have been dramatic. Since 2000, the population has increased by 5%, thanks in large part to the influx of millennials. So, it's not surprising that burgeoning startup firms that want to tap into a younger work force would want to locate in Brooklyn.”
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