February 2015 Manhattan office leasing: Newmark Grubb Knight Frank | The Real Deal New York

The Real Deal New York

February 2015 Manhattan office leasing: Newmark Grubb Knight Frank

March 20, 2015 12:13PM

NGKFTAMI tenants continued to dominate the Manhattan office market, representing 58.7 percent of the total square footage leased in February. Asking rents in the area continued to rise, reaching $67.80 per square foot, an 8.8 percent increase over the year. Top leases for February include Publicis’ renewal and expansion of more than 506,000 square feet at 1675 Broadway and WeWork’s 240,000-square-foot new lease at 85 Broad Street. View the full report online here.

February 2015 Manhattan office leasing: Newmark Grubb Knight Frank

 


Comments are closed.