• Availability dipped 10 basis points to 14.5%
• Class A available supply decreased for the first time in a year
• Early lease renewals are an emerging trend amongst tenants
• Class A net effective rents are down 48% from market peak
Thoughts on NYC Commercial Real Estate
• Availability dipped 10 basis points to 14.5%
• Class A available supply decreased for the first time in a year
• Early lease renewals are an emerging trend amongst tenants
• Class A net effective rents are down 48% from market peak
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