Manhattan office leasing through September 2019

Office leasing in Manhattan • Midtown saw 1,070,000 square feet in office leases inked in September, up 37 percent from August but down 39 percent year-over-year. The availability rate continued to rise, reaching 11.5 percent, while the average asking rent hit a new record high of $89.45. The largest deal in Midtown and citywide went to WeWork, which took 362,197 square feet at 437 Madison Avenue — soon after CEO Adam Neumann stepped down and

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