Vacancy rates have surged in all three of Manhattan’s office leasing markets, after a number of chunks of space came online in the last quarter, said executives at Avison Young’s 2013 Crystal Ball market overview held this morning at the Cornell Club in Midtown. And the hesitation in commercial leasing in Manhattan is likely to continue until at least this summer, they said. The Canadian brokerage made its entrée into the U.S. just last year, [more]Image may be NSFW.
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