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Manhattan Midtown Market Reports

Manhattan Midtown Office Market

Average Asking Rent (Price/SF)        $80.78
Availability Rate (%)          12.2%
Net Absorption (SF)   1,102,039

Midtown leasing totaled 5.9 million square feet, 20.0% higher than the 10-year quarterly average and 2.0% higher than in the prior quarter. Seven of Manhattan's 10 largest deals this quarter occurred in Midtown.

Manhattan Midtown Office Market Report
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