The Real Deal New York

Despite leasing malaise, market shows signs of life

While deals are flat, brokers say space showings and phone calls are on the rise

March 05, 2012 03:30PM
By Adam Pincus

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From the March issue: Very few large office leasing deals were signed in Manhattan last month, providing more evidence the market has hit the doldrums.

In fact, the largest deal recorded by data tracking firm CoStar Group was a lease renewal for just under 57,000 square feet near Herald Square. [more]

 

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