Manhattan office leasing down 18% in February: Colliers Leasing activity is off by nearly 22% through the first two months of 2018
Adam Neumann with 18 West 18th Street and 4 Times Square with Adena Friedman and the Nasdaq trading floor (Credit: Flickr and Nasdaq)
Manhattan office leasing continued its slow start to the year, with demand in February down more than 18 percent from a year earlier. Two months into 2018, leasing activity is trending downward at a time when the pipeline is flush with new supply.
The market recorded 2.57 million square feet worth of new leases and renewals in February, according to Colli爱上海