Office leasing in Manhattan • Midtown office leasing hit a new all-year high in November with 2,750,000 square feet in leases inked, up 36% from the prior month’s record and up 58% year-over-year. The leasing spurt pushed the availability rate down to 11.3%, while the average asking rent fell by nearly $2 to $87.03, all thanks to the month’s headline deal — Facebook’s 1.5 million-square-foot lease across three buildings at Hudson Yards, which accounted for
source https://therealdeal.com/2020/01/24/data-alert-manhattan-office-leasing-through-november-2019/
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