Midtown South leads Manhattan’s office market recovery: report

Is Manhattan’s office market recovering? Depends where you look. Its comeback in the months ahead will vary widely from one submarket to the next, according to an analysis by KPG Fund and Newmark. During the third quarter, prospective tenants were looking for 6.5 million square feet of office space in Midtown South, which includes Chelsea, Flatiron, Hudson Square, the Meatpacking District and NoHo/SoHo — up a robust 64 percent from the first quarter of this … Continue reading Midtown South leads Manhattan’s office market recovery: report