Thriving Brookfield Place

Thriving Brookfield Place

New York Post, July 25, 2022

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Despite the pandemic and other challenges in the commercial real estate market, Brookfield Place is thriving in downtown New York City. The mixed use complex reports high office and retail occupancy rates. Two of five office towers are 100 percent leased, with the others at 90 percent or higher. Retail space is 94 percent leased, and foot traffic is up 53 percent from the prior year. Ownership’s significant past investment in property redesign and amenity upgrades no doubt contributed to this success. DMA is proud to have supported retail tenant delivery efforts at Brookfield Place, bringing new dining and shopping experiences to energize the area.

Brookfield Place defies pandemic pains to thrive downtown with new deals