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Downtown Manhattan Office Availability Rate Seen Topping 20% for First Time

New York's Office Leasing Still Well Below Pre-Pandemic Level Despite Some Improvement
Office availability has risen in downtown Manhattan. (Getty Images)
Office availability has risen in downtown Manhattan. (Getty Images)
CoStar News
June 1, 2022 | 10:31 P.M.

Even as office leasing volume in New York has improved from the heavy toll of the pandemic, full recovery for the nation's largest commercial property market is proving elusive.

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