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Big fish scour market looking for office space
But tightening market yields no large deals — so far this year
From the February issue: Industry professionals expected little from the Manhattan office leasing market at the start of 2012. And a month into the New Year, they’ve been right in their predictions.
Noticeably lacking is a headline-grabbing deal, such as the one that supply-chain firm Li & Fung inked for 490,000 square feet in the Empire State Building in the first week of 2011. [more]