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Leasing activity surges following election

•Last year was one of the slowest on record in terms of leasing velocity, with many tenants opting to delay business decisions until after the election. November—which is often a busy month—registered activity more typical of August.

•Year-over-year leasing activity has more than doubled , with several large leases announced including Fox/NewsCorp  at 1211 Avenue of the Americas (1,224,000 s.f.), Royal Bank of Canada (RBC) at Brookfield Place (402,000 s.f.), Spotify at 4 World Trade Center (378,000 s.f.) and New York State Attorney General at 28 Liberty Street  (345,000 s.f.).

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