Manhattan Office Market Rebounds; D.C. Housing Faces Crisis

Explore the resurgence of Manhattan's Class B office market as leasing activity soars, driven by a return to office work and shrinking supply. Meanwhile, Washington D.C.'s housing market struggles with a dramatic 79% drop in new housing starts, exacerbated by high construction costs and regulatory challenges. Join us for insights into these contrasting real estate trends and their broader economic implications. Sources: https://www.credaily.com/newsletters/manhattans-class-b-office-market-faces-tightening-supply/ https://commercialobserver.com/2025/04/manhattan-class-b-office-shortage/ https://therealdeal.com/new-york/2025/04/22/manhattan-faces-run-on-premium-class-b-offices/ https://www.credaily.com/briefs/nyc-rents-surge-as-manhattan-and-brooklyn-lead-2025-growth/ https://edc.nyc/sites/default/files/2025-04/NYC-Economic-Snapshot-April-2025.pdf https://www.federalreserve.gov/monetarypolicy/beigebook202504-summary.htm https://fedcommunities.org/april-2025-beige-book-community-perspectives-conditions/ https://www.frbsf.org/research-and-insights/publications/2025/04/beige-book-april-2025 https://www.bostonfed.org/news-and-events/news/2025/04/beige-book-april-2025-tariffs-uncertain-outlook-hiring-slowing.aspx https://www.globest.com/2025/04/24/feds-beige-book-reveals-modest-cre-gains-but-clouds-loom-over-trade-policy/ https://www.federalreserve.gov/monetarypolicy/beigebook202504-summary.htm https://fedcommunities.org/april-2025-beige-book-community-perspectives-conditions/ https://www.frbsf.org/research-and-insights/publications/2025/04/beige-book-april-2025 https://www.bostonfed.org/news-and-events/news/2025/04/beige-book-april-2025-tariffs-uncertain-outlook-hiring-slowing.aspx https://www.globest.com/2025/04/24/feds-beige-book-reveals-modest-cre-gains-but-clouds-loom-over-trade-policy/ https://www.foxbusiness.com/real-estate/dc-home-inventory-skyrockets-47-following-trump-admins-federal-layoffs https://www.credaily.com/briefs/housing-starts-plunge-in-d-c-as-investors-pull-back/ https://www.fox5dc.com/news/dc-home-listings-up-nearly-47-percent