CRE scorecard: Manhattan office leasing through March 2019

OFFICE LEASING IN MANHATTAN Midtown office leasing bounced back in March, totaling 1.34 million square feet, a 35 percent increase from the month prior. The availability rate had a slight dip, to 10.7 percent, while the average asking rent rose past February’s post-2008 record, to $86.57. The largest deal in Midtown and the city overall went to the Bank of Montreal’s investment banking subsidiary BMO Capital Markets, which picked up 215,056 square feet on a […]

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