No optimism in office leasing

June 2013
Real Deal: New York Real Estate;Jun2013, Vol. 11 Issue 6, p24
The article offers information on the impact of the increase in home sales and prices for consumer confidence index and for office leasing market in Manhattan, New York. Peter Kozel of Colliers International states that the companies in the city will be still focusing on controlling costs by using less space. Gregory Kraut of Canada-based Avison Young says that the consumer confidence is considered as an indicator of leasing activity and rental-rate growth.


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