The Real Deal New York

Office space availability rises as landlords chase higher rents

New spaces hit the market at higher rates, driving up averages throughout Manhattan
By Adam Pincus | March 05, 2015 04:20PM

From the March issue: New product put on the market with an eye toward capturing broad rent increases boosted the availability rate across Manhattan last month. It was the first time in nearly a year availability rose in all three of the borough’s office leasing submarkets, information from commercial brokerage Colliers International showed. [more]