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Ken Salzman, Lee & Associates Kenneth Salzman, executive managing director and principal, Lee & Associates, New York office

NEW YORK CITY—Shadow inventory of subleased office space is the space which is potentially available but not listed on the sublease market. When large corporations lease substantial floorplates on multiple floors but keep areas vacant, that’s the shadow inventory brokers are concerned about, says Kenneth Salzman, executive managing director and principal at Lee & Associates, New York office.

He adds shadow inventory is not unique to New York. Every city with substantial office space experiences it with New York having the largest market.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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