News
A HECKUVA TOWN
October 6, 2011
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| Spoiler alert: CBRE tri-state prez Matt Van Buren's state of Manhattan office update is good news. New York outpaces the nation and its global urban competitors. That's all thanks to better employment and a renewed confidence that owners of new, high-quality buildings will find the anchor tenants they need, such as Morrison & Foerster at 250 W 55th and Condé Nast at One World Trade Center. At mid-year, Manhattan had leased 4M SF more than last year (11.7M) and availability had dropped from 14% to 11.3%. Ultimately, he says, the market is in a strong and sustained positive trend. Learn more about our sponsor CBRE here. |
