Manhattan leasing remains red hot in October
October was yet another boffo month for Manhattan office leasing. CBRE reported activity hit 3.46 million square feet, or 61% above the five-year monthly average. Asking rents rose to $81.61 per square foot, up 6% year-over-year. CBRE and Cushman & Wakefield have reported increased Manhattan office leasing rents. Cushman & Wakefield had similar findings. It...
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