The Real Deal New York

Manhattan office market roars

January 10, 2007 12:00AM

Cushman & Wakefield’s year-end market report showed Manhattan office vacancy rates dropping 1.7 percent over 2006 and rents rising a whopping 25 percent, to $50.57 a square foot. Downtown had the most marked appreciation, with the vacancy rate down 2.2 percent in the fourth quarter of last year as compared to the final quarter of 2005. more [Crain's]
Why the report augers well for 2007 more [Sun]
How the boom is like 2000 all over again more [NYO]
Last year’s records highlighted more [Metro]

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