After the coronavirus crisis put much business activity in the city on ice, Manhattan’s office leasing market saw a 25 percent year-over-year decline in leasing volume in the first quarter of 2020, making it the slowest quarter in seven years. The numbers were striking, and are likely to get worse in the second quarter — but how does the market’s performance compare to previous recessions? Data from a new report by Colliers International shows that
source https://therealdeal.com/2020/04/22/how-manhattans-office-market-responded-in-previous-recessions-trd-insights/
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