Thank you for sharing!

Your article was successfully shared with the contacts you provided.

<!– this comment prevents auto wrapping of urls –>

Salustri and Tighe

NEW YORK CTIY-The market is cyclical and bound to come back. That was the discussion Mary Ann Tighe, CB Richard Ellis New York tristate region chief executive officer had for John Salustri, editorial director of Incisive Media’s real estate group, as part of GlobeSt.TV’s Leaders Series.

During downturns rents in the city historically dip about 25% but always end up rising again. The industry can expect a turnaround some time in 2011, but before then “inflation is bound to come our way,” Tighe said.

Click the image above to watch the video.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.