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Manhattan Office Market Soared To Record Levels Again Last Year

Thanks to several monster lease deals and healthy job growth, a total of nearly 43M SF of office leases were signed in Manhattan in 2019, according to figures from Colliers International.

That is the highest level since 2001 and almost 3% higher than 2018, itself a stellar leasing year. Leasing activity was 15% above the borough’s five-year historical average.


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