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Manhattan Office Rents Hit Record-Breaking $80 Per Square Foot Rates

Transwestern Commercial Services | July 24, 2019

According to new quarterly research from Transwestern Commercial Services, for the first time in history, the average rent in Manhattans office market topped $80 per square foot, closing the second quarter at $80.37, in a strong reporting period that also saw 8.5 million square feet of leasing activity.

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