Big tech puts Manhattan office leasing within reach of annual record

Manhattan office leasing is closing in on a strong finish to the year, as Facebook’s massive Hudson Yards deal pushed November’s leasing activity to a 5 percent increase year-over-year. The social media giant’s 1.5 million-square-foot lease across 30, 50 and 55 Hudson Yards accounted for nearly 40 percent of the island’s 3.87 million square feet of office space leased last month, according to the latest market snapshot report from Colliers International. “We are very close

source https://therealdeal.com/2019/12/10/big-tech-puts-manhattan-office-leasing-within-reach-of-annual-record/