New batch of Manhattan office towers competing for elite tenants

With millions of square feet in new office space hitting the market over the next few years, new developments are finding themselves in heated competition to land a handful of elite tenants. Law firm Cravath Swaine & Moore, whose current 600,000-square foot lease at Worldwide Plaza is up in 2024, is considering a move to one of five new office developments in Manhattan, the New York Post reported.

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