Manhattan office leasing just had its most active year since 2001

Led by a surge in activity Downtown and massive tech leases in Midtown South, Manhattan’s office leasing market wrapped up 2019 with more leasing volume than any year since 2001, according to new research from Colliers International. Total leasing activity in Manhattan increased for the fourth year in a row to reach 42.97 million square feet, up 2.9 percent year-over-year and 28.4 percent above the ten-year average. After hitting an all-time high of $79.77 per

source https://therealdeal.com/2020/01/03/manhattan-office-leasing-just-had-its-most-active-year-since-2001/