Mega-office builds are giving way to mega-leases in preleased agreements with tech giants, by and large, resulting in nearly complete absorption in the city as new development is often decades away.

With many markets and submarkets now entering a seventh, eighth or ninth year of RevPAR gains, the overriding question is how much farther can a particular market continue to advance without flattening?

Councilwoman Carlina Rivera voted to allow the Union Square tower without the development restrictions for the neighborhood originally requested.

With the limited industrial supply, owners are opting for quality credit tenants over top rental rates.