Sublet availability in October rose to 9.8 million square feet, Robert Sammons, vice president of research at Cassidy Turley, wrote in the New York Observer. And even though a number of Downtown firms were forced to relocate to Midtown sublet space as a result of Hurricane Sandy, “it likely will not make much of a dent in the figure,” Sammons said. The reason for this, he said, is that tenants with multiple office locations are [more]![]()
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