Our Services
- Capital Markets
- Tenant Representation
- Office Space Retail Space
- Landlord Representation
- Development and Asset Strategy
- Investment Sales
- Project Management
- Real Estate Investment Banking
- Economic Analysis
- Marketing
With You Through Every Step
Our clients benefit from our deep industry knowledge and extensive commercial real estate experience throughout the entire real estate process.
Whether buying, selling, financing, leasing, managing, or valuing real estate assets, the Gochman Group will produce premium results. Clients can also take advantage of our additional advisory services, including strategic planning and research, portfolio analysis, and site selection.
Working with the Gochman Group
In addition, we focus on value-added investing in a wide range of real estate opportunities. Our firm advises and invests equity capital on behalf of high-net-worth individuals and institutional investors. At times, we may be called upon to serve as operating partner in certain office building investments and redevelopment projects. Investment companies we work with include some of the largest global private equity firms in the world.
The Gochman Group also serves as an advisor to parties involved in the structuring of real property joint ventures and asset re-capitalizations.
The Gochman Group also serves as an advisor to parties involved in the structuring of real property joint ventures and asset re-capitalizations.
Manhattan Office Market Snapshot
Looking Ahead
Asking rents remained mostly flat, with "taking rents" coming in at 10.00%–11.00% below ask. While seemingly steady for the past 12 quarters, lease concessions (free rent and work allowance) continue to rise, pushing net effective rents lower. Some positive news to report, however, which may indicate the market is at or close to hitting its cyclical floor: Many tenants have begun pulling their own sublease space from the market to backfill internal demand. In addition, actual office-to-residential conversions are permanently reducing office space inventory. This reduction in inventory, coupled with the current slowdown in new office construction, will help to boost a recovery when demand picks up again. "When?" is the question. The repopulation of office buildings is ticking up, but still at just below 60.00%. We find current market conditions to be opportune for investors to shop in anticipation of tightening demand as interest rates begin to come down.
