March 2009 office market highlights:

  • Changing real estate climate creates a tenants market.
  • Tenants gain leverage due to influx of supply and slowdown in demand.
  • Select landlords facing declining property values give tenants opportunity to renegotiate existing leases in advance of expiration.

Here's the report

http://feeds.feedburner.com/Brokered-ThoughtsOnNycCommericalRealEstate