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Manhattan’s top-dollar office leases jump to record high

Deals with starting per-square-foot rents of at least $100 represented one-third of 2024 deals, JLL says
The Seagram Building on Manhattan's Park Avenue scored the biggest number of deals with starting per-square-foot rents of $100 or more in 2024, according to JLL. (CoStar)
The Seagram Building on Manhattan's Park Avenue scored the biggest number of deals with starting per-square-foot rents of $100 or more in 2024, according to JLL. (CoStar)
CoStar News
January 7, 2025 | 4:26 P.M.

Manhattan’s office market may still be rebounding from the pandemic, but that’s not stopping tenants from signing top-dollar deals in the so-called flight-to-quality trend.

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