)
Spotify vacated the space in the spring before announcing a large round of layoffs.
)
The freight company also rescinded more than 75 signed employment offers, its new CEO said Thursday.
)
Office availability is tightening in Manhattan but has a long way to go, JLL research provided to Bisnow shows.
)
NYC's office landlords signed 3.9M SF of leases in July, up by two-thirds from a year earlier, new data from Colliers shows.
)
Subletting drove much of the leasing activity in the metro area.
)
Houston's total vacancy rate could get worse before it gets better.
)
A total of 1.5M SF in office leases were signed in Manhattan in April, a 44% year-over-year decline.
)
X, the platform formerly known as Twitter, stopped paying rent last October in the Chelsea office tower that was previously its NYC HQ.
)
Global law firm Paul, Weiss has signed a 765K SF lease in Manhattan space previously occupied by asset manager AllianceBernstein.
)
WeWork is the biggest tenant in the building, which is tied to a $399M CMBS loan.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.