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United States | New York, NY

Report | New York Office Insight - Q3 2015

Summary

Downtown leasing velocity accelerated in the third quarter after the slowest two-quarter period since early 2009, as seven of the top nine Manhattan deals were signed in the market. 

The slowdown was partially attributable to record-high asking rents Downtown, which stemmed the torrid relocation activity from Midtown and Midtown South that was observed in previous quarters. 

Learn more about what’s happening—and what we expect to occur in the coming months—in the New York office market.

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