[brdd]

Totally false. We saw many commercial units between $35-50/sf IG and just signed on one at $37/sf.

[jeffbee]

"At the first quarter of 2021, the overall citywide asking rent was $73.76 per square foot (psf) down 12.0% from the peak of $83.82 psf with the Class A citywide figure at $77.66 psf, down 10.0% from $86.31 psf,. Direct space continues to be marketed at near record levels for the time being with the citywide Class A direct asking rent at $84.47 psf and the CBD Class A direct asking rent at $85.71 psf" — Cushman and Wakefield

"Totally false" — Internet rando

[jedberg]

> Cushman and Wakefield

Aka a company with a vested interest in convincing you that the $75 price they are offering you is totally in line with the average and it's really good and you should just take it.

[jeffbee]

But an anecdote about a class-C storefront on 7th street is more reliable?

[jedberg]

I'd say both are anecdotes with bias, but honestly, the random internet commenter has less incentive to massage the data than WC.

[htormey]

Also, are these figures factoring in things landlords are doing now to sweeten the deal without dropping the per month/sq price?

I.e giving months away for free or other incentives like that? Anecdotally I’ve heard office rent is way down as well.