Our "Market Info" page contains information about current market conditions in the Greater Syracuse and Central New York region. The information posted on this page will pertain to the Office, Industrial and Commercial segments of our market, and will contain information about lease rates, sale prices, availability and other current market data. Construction costs vs. sale prices: Base construction costs have increased in keeping with national market trends, while achievable sales prices for existing properties have remained flat for the past few years. The lack of speculative construction should force sale prices up over the next 4 quarters. Building Profile: Office vacancy is greater in the Central Business District due to the changing perceptions associated with being "downtown" ( in a smaller city ) as well as the cost and availability of parking. Many of the Class B buildings have lost tenants to Class A buildings due to soft rental prices in the Class A market. www.sior.com 100 Clinton Square   126 N. Salina Street   Syracuse, New York 13202 Phone: (315)423-9200   Fax: (315)472-4645   Email: jeff@emhoffassoc.com