Office leasing in Manhattan • Midtown saw an all-year high of 2.02 million square feet in office leases inked in October — up 87 percent from the month before and up 44 percent year-over-year. The availability rate stayed flat at 11.5 percent, while the average asking rent fell from a record high to $88.93. The largest deal in Midtown and citywide went to LinkedIn, which renewed and expanded in a 501,409-square-foot deal at the Empire
source https://therealdeal.com/2019/12/13/midtown-has-linkedin-to-thank-for-its-latest-office-leasing-bump/
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