A new office space availability record in NYC! Why non-conflicted tenant representation matters.

Hitting a Bottom in Manhattan

Manhattan office leasing totaled 6.3 million RSF (rentable square feet) in Q3 2023, 31% lower than Q2 2022 according to market sources. 2023 leasing is expected to be lower for full-year 2023 versus 2022. The overall availability rate fell 10 basis points from last...
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