CoStar Data Shows London Office Construction at Record High as NYC Sees Sharp Decline [Yahoo! Finance]
CoStar Group, Inc. (CSGP)
Last costar group, inc. earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
in London and New York City reached a record high in the second half of 2025, according to data from CoStar , a global leading provider of online real estate marketplaces, information and analytics in the property markets. Over 16m sq. ft. of office space was under construction in London at the end of last year, more than 10m sq. ft. above the comparable figure in New York (5.7m sq. ft.), marking the largest differential in London's favour in over 20 years. New York's construction volumes have fallen sharply since peaking in 2018, when its pipeline was more than double London's. By the end of 2025, office construction in New York City totalled just 5.7m sq. ft., one of the lowest quarterly totals this century [for the area]. In contrast, construction levels in London have largely oscillated between 16 and 17m sq. ft. since early 2022, prior to which levels below 14m sq. ft. were more common. While demand remains robust for trophy office space in New York, developers have grown i
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CSGP
Earnings
- 2/24/26 - Beat
CSGP
Sec Filings
- 4/2/26 - Form 3/A
- 3/26/26 - Form SCHEDULE
- 3/17/26 - Form 4/A
- CSGP's page on the SEC website