Exact(20)
While the estimated tax rate for Class 1 properties is 0.14160 (or $14.16 per $100 of assessed valuation), the estimated rate for Class 2 properties is 0.12517 (or $12.51 per $100).
The vacancy rate for Class B space in Midtown has risen to 14percentt, from 9.9percentt, Colliers ABR reported.
Across Manhattan, according to the company's statistics, the vacancy rate for Class B office space is 8.3 percent.
Had the 100,000 plus square feet come on the market the vacancy rate for Class A space would have jumped to 8.8percentt, she noted.
The vacancy rate for Class A space -- the newest and most desirable space -- dropped to 10.3percentt, a decline of more than 15 percentage points.
The vacancy rate for Class A space has increased to 17.82percentt in 2000 from 15.88 percent in 1999, he said.
Similar(40)
Student response rate for CLASS-Bio is high: the average response rate from seven classes across two different institutions is 75% for preinstruction surveys and 70% for postinstruction surveys.
Vacancy rates for Class A space in northern New Jersey are 11.9percentt, up from 5.9percentt a year ago.
Vacancy rates for top-quality office space in Oakland fell to about 3percentthis yearar from about 12percentt in 1996, while vacancy rates for Class B space dropped to 6percentt from about 15percentt.
As a result, while asking rental rates for Class A space in Midtown have fallen about 10percentt since Sept. 11, rates downtown are off 20percentt, according to Bruce Mosler, president of United States operations for Cushman & Wakefield, the brokerage and services company.
During 2016, downtown lease rates for Class A office space are expected to edge up 1.5percentto3percentcenthis yearar.
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