Elizabeth Berger
Year-to-date leasing activity south of Chambers Street climbed 28
percent from 2009 to approximately 1.4 million square feet, according
to a report released today by the Alliance for Downtown New York (see
full report below). So far in the third quarter of this year, leases
have already been signed or are in the works for more than 800,000
square feet. “Lower Manhattan is experiencing a period of extraordinary
leasing activity, reaffirming its status as a competitive, world-class
commercial destination,” said Elizabeth Berger, president of Downtown
Alliance. “The district has a tradition of recovering from adversity
with remarkable speed, and we are pleased that every major project at
the World Trade Center is under construction and moving ahead.” TRD