Manhattan office leasing has taken a tumble with leasing volume dropping by nearly 50 percent quarter-over-quarter. The slowdown in leasing activity is attributed to the stark drop in transactions during March when the coronavirus pandemic, also known as COVID-19, commenced, according to a recent Colliers International.

The Interdisciplinary Science Building on the San Jose State University campus is the first new academic building on campus in more than 30 years and the first new science facility in almost 50 years.

Investment sales for co-ops and condos in Manhattan took off in the first quarter of the year, with sales jumping year-over-year after two straight quarterly declines. Now, the springboard that was the strong economic market supporting investment activity has faltered because of the coronavirus pandemic, also known as COVID-19.

Borrower Parkway Property Investments recently obtained a five-year floating rate refinance loan for Two CityWestPlace, an office tower totaling 443,549 square feet at 2107 CityWest Blvd.