Friday, 7 June 2019

CRE scorecard: Manhattan office leasing through March 2019

OFFICE LEASING IN MANHATTAN Midtown office leasing continued to rise in April, totalling 1.85 million square feet, a 38 percent increase from the month before. The availability rate stayed flat at 10.7 percent, while the average asking rent hit an all-time high of $88.20, breaking a record set in 2008. The largest deal in Midtown was inked by financial and insurance giant AIG, which picked up 320,237 square feet at 1271 Sixth Avenue. Leasing activity […]



source https://therealdeal.com/issues_articles/manhattan-office-leasing-through-april-2019/#new_tab

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