OFFICE LEASING IN MANHATTAN • Midtown office leasing slowed down in May, totaling 1.25 million square feet, a 32 percent decrease from the month before. The availability rate dropped slightly to 10.6 percent, while the average asking rent fell from the previous month’s high, reaching $87.89. The largest deal in Midtown went to Time Warner Cable, which renewed 106,176 square feet at 1633 Broadway. • Leasing activity in Midtown South continued to climb in May […]
source https://therealdeal.com/issues_articles/manhattan-office-leasing-through-may-2019/#new_tab
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