OFFICE LEASING IN MANHATTAN • Midtown office leasing continued to slow in June, totaling just under 1 million square feet, down 21 percent from the month before and 26 percent year-over-year. The availability rate stayed flat at 10.6 percent, while the average asking rent rose to $88.20. The largest deal in Midtown went to advertising agency McCann, which renewed 464,598 square feet at Cohen Brothers’ 622 Third Avenue. • Leasing activity in Midtown South slowed […]
source https://therealdeal.com/issues_articles/manhattan-office-leasing-through-june-2019/#new_tab
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