Manhattan Office Demand Is Falling, New Construction Could Increase Availability
Allwork
DECEMBER 2, 2022
Office leasing usually sees an uptick in growth during this time of year, but a new report shows that Manhattan’s activity has fallen to its lowest level since April of 2021. . According to new data from Colliers, office leasing activity fell 7% from October and 50% from November 2021, indicating cooling demand. .
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