Manhattan’s office market, after showing some signs of improvement, posted in November its lowest monthly leasing total since April 2021 as economic concerns have led major technology and other tenants to pause expansion plans in New York, a new study shows.
Manhattan’s November Office Leasing Seen Posting Smallest Monthly Total Since April 2021
Lower Demand Comes as New York’s Office Vacancy Rate Rises to Record 12.4%, CoStar Data Shows
By Andria Cheng
CoStar NewsDecember 3, 2022 | 4:07 AM
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