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Office Insight

United States | New York, NY

Report | New York Office Insight - Q3 2017

Summary

​West Side demand, following commitments at Hudson Yards and Manhattan West, drove leasing activity higher and vacancy lower. Despite this, rents only grew by less than 1 percent, mainly a result of new construction.

Be on the lookout for a handful of large, high-profile transactions at Hudson Yards/Manhattan West through next year, as the new development goes from viable to highly desirable.

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