Q1 – 2013 Naples Florida Real Estate Market Report

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Midtown Drives Market According to Cassidy Turleys June Manhattan Market Report

New York, NY (PRWEB) June 13, 2013

Cassidy Turley, a leading commercial real estate services provider in the U.S., released their June Manhattan Market Report, which indicates Midtown is experiencing a strong recovery and Midtown South tightens even further. The picture is not nearly as bright for Downtown as more space is added. Encouraging employment figures and job creation continue to push the market upward. Manhattans net positive absorption was 860,316 square feet in May.

Demand for space in Midtown has picked up with positive absorption up over half a million square feet year-to-date. In May, 621,993 square feet of positive absorption was reported, dropping the availability rate down to 11.6 percent. The Fifth/Madison submarket improved considerably over the last two months as leasing activity picked up. In addition, the demand for high-end space with a growing number of tenants willing to pay more than $ 100 per square foot (24 such leases were signed so far this year compared to 34 throughout 2012) produced a drop in availability to 13.0 percent since the peak in February 2013 of 15.1 percent.

More good news for Midtown South as the submarket continues to lead the way in recovery with availability dropping to 8.4 percent. Class A asking rents were up $ 0.07 per square foot to $ 69.34 and Class B up $ 0.76 to $ 57.98 per square foot.

News of a large block of office space coming onto the market pushed Downtowns availability rate up to 14.3 percent in May. Class A asking rents dipped $ 0.81 per square foot to $ 52.61 and Class B inched up $ 0.13 to $ 36.21 per square foot.

By interpreting the increases or decreases in the market and applying that information to our clients business goals, we are able to consistently provide best-in-class service, comments Peter Hennessy, President, New York Tri-State Region Cassidy Turley.

About Cassidy Turley

Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clientsfrom small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $ 22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate servicesincluding capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit http://www.cassidyturley.com for more information about Cassidy Turley.


Guide to Complimentary Tax Help: Save Money Filing 2012 Tax Returns with New GoBankingRates.com Report

El Segundo, CA (PRWEB) February 26, 2013

Almost three-quarters of Americans are planning to cut back spending to compensate for paychecks reduced by the 2013 payroll tax increase that came with the fiscal cliff deal, according to National Retail Federations 2013 Tax Returns Survey. With the payroll tax increase already taking a chunk out of Americans paychecks, many consumers are already feeling the financial strain on their bank accounts, and will be less willing to spend extra money filing 2012 tax returns.

Leading finance resource GoBankingRates.com investigates a range of tax services to highlight the best no cost tax help in its latest consumer report. This guide shows tax filers how to save more money and ease the cost of filing 2012 tax returns.

If you think youre going to owe money this year, the last thing you want to think about is pulling more money out of your savings account to pay taxes, notes Stacey Bumpus, an expert contributor to GoBankingRates. Luckily, there is plenty free tax help available to not only answer your questions about filing, but submit your forms for you at no cost.

The guide to free tax help covers a range of resources, including no cost tax help hotlines, tax preparation services and websites, and mobile apps that can provide consumers with the information needed to prepare their 2012 tax return.

View the full list of free tax services here.

For questions about this report or to schedule an interview with a GoBankingRates editor, please use the contact information below.

About Go Banking Rates

GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. GoBankingRates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.


Jaime Catmull, Director of Public Relations



310.297.9233 x261



Source: National Retail Federation 2013 Tax Returns

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