The Durst Organization’s Post

The strength of the office market has been vastly underestimated. Pundits and shortsighted investors continue to preach negativity about the market, seemingly wanting cities to fail. They must not — or choose not to — see what I see. One example: the Bryant Park submarket, where we own 6 million square feet of office space, has just 6% availability in Class A buildings and spaces that regularly command $180 or even $200 per square foot — the top of the top of the market.