Following one of the most active years in recent memory, Manhattan’s office-leasing market cooled dramatically during the start of 2018. The first quarter of the year recorded 7.57 million square feet of deals, down 17.8 percent from the same time in 2017, according to Colliers International. The drop-off in activity year-over-year could be somewhat expected, given how strong the market was in 2017. Manhattan recorded 37.1 million square feet worth of deals last year, making […]
source https://therealdeal.com/2018/04/04/manhattan-office-leasing-cools-following-red-hot-year/
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