The Manhattan office market came back from an early slowdown to reach a solid quarter of growth. Firms inked leases for about 11.8 million square feet of Manhattan office space in the first quarter of 2026, according to a new report from Colliers. That’s a slight decline from the end of 2025, but still a 3.4 percent growth year over year and the strongest first quarter since 2014, according to the report. Average asking rent grew 2 percent quarter over quarter and 4 percent year over year to $77.55 per square foot. It’s a recovery for the market after a […]
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