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Manhattan office leasing activity surged compared with the second quarter of 2021, as the market registered its strongest performance since the onset of the pandemic, according to CBRE’s Q3 2021 Manhattan market report, issued Thursday.

Third-quarter Manhattan leasing totaled 5.88 million sq. ft., up 70% from Q2 2021. However, the Q3 total was still 5% below the five-year quarterly average of 6.16 million sq. ft.

 

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