Manhattan Office Leasing on Track for Lowest Level in 20 Years
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Manhattan office leasing in 2020 could reach the lowest level in 20 years, according to a report by Colliers International.
New leases totaling 1.3 million square feet (120,774 square meters) were signed in August, nearly 64% below the 2019 monthly average of 3.6 million square feet, Colliers said.