Wednesday 1 July 2020

Bad to worse: Manhattan office leasing sees slowest quarter since 2009

When coronavirus slammed Manhattan’s office leasing market at the end of the first quarter, it was enough to drag quarterly leasing activity to a seven-year low. Now that numbers are out for the first full quarter in the shadow of Covid-19, things look even worse. Manhattan office leasing activity in the second quarter of 2020 totalled just 3.18 million square feet, according to the latest quarterly report from Colliers International. That’s half what it was



source https://therealdeal.com/2020/07/01/bad-to-worse-manhattan-office-leasing-sees-slowest-quarter-since-2009/

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