Office leasing slowed in the third quarter, but asking rents continued rising in Manhattan, Cushman & Wakefield figures showed. Total leasing volume was 21.9 million square feet through September, 10 percent lower than 2014’s first nine months. Manhattan’s average asking rent rose 6.6 percent to $71.02 per square foot last quarter, from $66.62 a year ago. (more…)
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