Manhattan office vacancy levels reach five-year high

By Deirdre Hipwell and Deirdre Hipwell Deirdre Hipwell Deirdre Hipwell2009-10-07T08:32:00

Manhattan’s office market has reached a 11.1% vacancy rate which is the highest vacancy rate in five years despite an increase in leasing activity quarter-over-quarter, according to Cushman & Wakefield.

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