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Surge in leasing activity this spring brings Manhattan deal volume back up to levels typical of previous years; top five deals in 2nd quarter of 2012 were renewals
NEW YORK, July 9, 2012 — Jones Lang LaSalle announced a burst in leasing activity in the second quarter of the year that offset lackluster leasing activity throughout Manhattan earlier this year. While overall deal volume for the city is now on par with previous years, most other indicators at midyear 2012 point to a flat market.
George Shea, Mark Faris - Shea Communications