Manhattan Office market robust despite February drop

Coming off a record year for office leasing in 2019 — the highest since 2001 — February numbers showed a 41 percent drop in month-over-month leasing volume compared to January across all three Manhattan sub-markets, according to Colliers International.  But a drop off in lease volume is typical for February, according to Franklin Wallach, senior managing director of research at Colliers. “It’s not uncommon to see an effort in the fourth quarter to have pending

source https://therealdeal.com/2020/04/27/manhattan-office-market-robust-despite-february-drop/