Tag Archives: Office Outlook

Strongest year since the financial crisis

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15_Jan_MarketscapeManhattan’s office market posted steep declines in vacancy, positive absorption and a 10-year high in new large block leasing activity by year-end 2014, according to JLL. 

Major themes for the year included the migration of large tenants to Lower Manhattan, record leasing activity in Midtown South and the continued rise of Midtown’s Trophy properties as both international investors and tenants take interest.

Manhattan’s overall… Read More