More sublease space to come

In October, there was 4.4 million square feet of sublease space available in
Midtown Class A properties, which made up 28.2 percent of all available
Class A space in the area. In 2007, sublease space in Midtown made up
29 percent of available space. James Delmonte, a vice president and
director of research at Jones Lang
LaSalle, said as vacancy increases, more sublease space will become
available and more sublease space will come to market next
year.