Lease absorbs more Midtown Class A space

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Another hefty chunk of Midtown Class A office space has been leased, further driving down that submarket’s already low vacancy rate. Apparel retailer VF Corp.’s Sportswear division signed a 96,000-square-foot leases extension at 40 West 57th Street and then took another 48,000 feet there. Cushman & Wakefield’s Stephen Downes and Don Preate represented the tenant and Charles R. Borrok represented the landlord, Lefrak. [2nd item] more [Post]

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