Tuesday 4 February 2020

Office leasing picks up in Midtown but slows elsewhere

Midtown accounted for nearly half of Manhattan’s office leasing volume in the first month of the new decade while activity slowed in Midtown South and Downtown. A total of 3.56 million square feet in Manhattan office leasing deals closed in January, according to the latest market report from Colliers International — a third less than in December and 17 percent below the year-earlier figure. Midtown’s spurt in leasing activity was led by renewals, as financial



source https://therealdeal.com/2020/02/04/office-leasing-picks-up-in-midtown-but-slows-elsewhere/

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