The
Elovitz Group
NYC Real Estate Brokerage
The Key to Unique Opportunities
Our numbers tell the story.
The New York City real estate market is constantly evolving. With our intimate knowledge of New York City's landscape, the Elovitz Group is able to pinpoint creative and unique opportunities for our clients in the most unexpected places.
The year 2024 brought mixed results for the U.S. office market. While the macroeconomic picture and occupant demand are improving, negative net absorption remains stubbornly high as major tenants continue to trim meaningful amounts of space. But despite persistent downsizing, the market is being rebalanced through building conversions and redevelopment pipelines.
The Elovitz Group, with over thirty years of experience, has participated in the leasing of over eight million square feet of office space. We have brokered over $6 billion of sales and/or purchases of properties and in excess of $4 billion in rental revenue.
30
Years of Experience
8 Million Square Feet
Office Space Leased
$4 Billion
Rental Revenue
$6 Billion
Sale / Purchase of Properties
140 Million Square Feet
Currently unoccupied, available for acquisition or rental in NYC
Innovative Solutions
The Elovitz Group specializes in providing innovative solutions to meet our client's real estate needs. We customize our approach to meet each client's unique paradigm.
We offer our clients a comprehensive insight to the NYC landscape, focusing on areas and properties which may not be available through traditional channels.
Contact us to learn more about how we can assist you in navigating the exciting and ever-changing real estate market in New York City.
Corporate migration creates opportunities for acquisition, creative renovation and attractively-priced space.
Thorough Property Evaluation
The Elovitz Group's relationships with property owners and our knowledge of NYC's real estate provides significant value to how we suggest structuring an offer.
Before presenting a property to a client, to fully evaluate its worth we perform a thorough property evaluation, including its physical condition, longevity of existing leases, average tenant footprints, character of neighboring properties and ascertain the building owners’ motivations.
Fiscal Condition
Longevity of Existing Leases
Average Tenant Footprints
Character of
Neighboring Properties
