New York Start-Up Firms Ride Tech Boom, Become Biggest Venture Capital Deal Generator Outside of Silicon Valley in 2010

New York Start-Up Firms Ride Tech Boom, Become Biggest Venture Capital Deal Generator Outside of Silicon Valley in 2010

NEW YORK, NY – October 25, 2011 – (RealEstateRama) — Although not the main driver of Manhattan’s office market recovery that began in mid-2010, Jones Lang LaSalle’s Report found that the resurgence of the high-tech industry has made a substantial contribution. After a significant decrease in 2009 caused by the economic downturn, high-tech employment has been consistently increasing every quarter and creating new office space demand. The growth has been concentrated in Midtown South, which has the lowest vacancy rate in Manhattan at 6.7 percent.

SHARE

Shea Communications is a media relations firm that works with local, national and international media to manage sensitive client issues and to advance clients' new business development goals. Experts at crafting and delivering messages, Shea Communications personnel develop and implement strategies across all media.

Contact:

Mark Faris
Senior Account Executive

Shea Communications
18 East 41st Street
Suite 1501
New York, NY 10017

Phone: 212-627-5766
Fax: 212-627-5430

Previous articleLiving Shoreline Project at Marshes Light in Historic Manteo, NC
Next articleHomebuilders and Real Estate Investors Get Another Opportunity to Buy REO Land