Franklin Wallach | Colliers International | New York

Franklin Wallach

Sr Managing Director

License # 10401233521

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About

Professional Summary

Franklin Wallach is a Senior Managing Director, Research at Colliers International. Franklin's role includes a focus on quarterly and monthly trends within the Manhattan and Brooklyn office markets while using multiple databases and maintaining contacts within the industry in order to provide in-depth market analysis to brokers and clients.

Franklin reports on the office market on a monthly and quarterly basis through analytical reports as well as presentations to tenants, landlords and the press. Data analyzed by Franklin includes: average asking rents, availability rates, concessions, absorption, tenants in the market, leasing activity, construction and future tenant demand. Franklin has been quoted by numerous New York City commercial real estate periodicals including The Real Deal and GlobeSt.com.

Franklin joined Colliers after working in CBRE's Lower Manhattan office as a Senior Research Analyst.

Accomplishments

CBRE Research Services National Rookie of the Year Award

Education

Certificate, Real Estate Finance - Baruch College

M.A.T., Adolescent Education/Social Sciences - University of Tampa

B.A., History - Adelphi University

Memberships & Involvements

Franklin is also a member of the Real Estate Board of New York (REBNY) and the Downtown-Lower Manhattan Association (D-LMA).

Clients

NA

Services

Service Lines
Research
Property Type
Office
Featured Research
Nov 3, 2020
Manhattan Monthly Snapshot October 2020
At 1.76 MSF, Manhattan leasing activity in October increased by 57.4% since the prior month. The increase was driven by four 100,000+ SF leases, including NYU Langone’s 633,000 SF renewal at 1 Park Avenue, the second-largest lease to close in 2020.
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Nov 2, 2020
BTN-COVID-19 Six Months Later
The Manhattan office market has faced an undoubtedly unique challenge over the last two quarters (2Q 2020-3Q 2020). Just before the end of 1Q 2020, the first confirmed case of COVID-19 in New York State occurred. Three weeks later in late-March, the "New York State on PAUSE" executive order went into effect that, amongst other things, closed the in-office functions of non-essential businesses across New York City and New York State.
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Oct 10, 2020
Midtown Office Market Report 3Q 2020
Midtown’s quarterly leasing volume increased since the previous quarter. However, asking rents decreased with more supply and negative absorption.
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