November 2018 Manhattan Office Snapshot
Date Published: 12/19/2018
November leasing activity was down 7.0% to 3.69 MSF, but higher by 3.0%, year-over-year. Four deals greater than 100,000 SF closed last month, including three over 250,000 SF. The monthly availability rate was lower by 0.2 pp (percentage point) to 9.9%, falling below 10.0% for the first time since November 2017.