The Manhattan office market may have its best year since people were worrying about Y2K. Tenants inked deals for 4.2 million square feet in May, up 17 percent from April and 35 percent year-over-year, according to a new Colliers report. Year-to-date leasing volume reached 19.6 million square feet, up 10 percent from the same period last year. If leasing continues at its current pace, 2026 is shaping up to Manhattan’s best year of total volume since 2000. A few big-ticket transactions drove the month. The largest was law firm Simpson Thacher & Bartlett’s 916,000-square-foot lease at Extell’s office tower at […]

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