Turning old into new again will draw tenants
to Midtown, still the best neighborhood in Manhattan, according to L&L Holdings president Robert Lapidus.
Strain said to draw tenants
in, her company in many cases has doubled the free rent period from 60 to 120 days.
Watson said he hopes to draw tenants
from the Pleasant Hill, Dexter and Lowell areas.
Antelope Valley officials have been trying to spur the creation of such spec buildings - built in speculation that they will draw tenants
, as tract houses are, rather than custom built for a particular business - as a way to lure business to the region.
Individual buildings, rather than neighborhoods, have the ability to draw tenants
, Levinson said, citing the high ceilings, collaborative space, fresh air and floor-to-ceiling windows found in the plans for the many new office towers planned on Manhattan's far west side.
The Centre Court could be a trial balloon to see if sprucing up property on Broadway will draw tenants
and shoppers to the area.
One obstacle stands: It must be decided how to draw tenants
to downtown buildings in a town of 2,500 tagged as the county's lowest-income area.
Culture and image, rather than economics, are what draw tenants
to the area recently colonized by Google and other creative high-tech firms, he said.
There's a different dynamic and it's the appetite for new construction," Van Buren said, noting that the quality of the new buildings at the WTC site would draw tenants
who had previously been wary to locate in lower Manhattan, which is perceived as less convenient for commuters.
And more recently, with blocks of sublease space coming available and falling rents, it has also begun to eat into one of the key remaining attributes that has continued to draw tenants
to Lower Manhattan; bargain rents.