The firms say their strategic alliance provides the industry's most comprehensive retail real estate and restructuring service offerings.

Since 2011, Lower Manhattan has seen 14.6 million square feet in relocations from Midtown and Midtown South, while only 4.6 million square feet of Lower Manhattan firms packed their bags for those two respective markets.

These units allow residents to live either independently or with a roommate at a price point that otherwise doesn't exist for the location and level of quality that is being provided, says Delk in this <b>EXCLUSIVE</b>.

Going green can help to drive value at an asset, but the cost is one of the biggest challenges, particularly for short-term holders.