Relevant:
- Midtown Manhattan ‘Red-Hot' Office Prices Nearing Peak, Green Street Says
- High Floors in Top Midtown Manhattan Office Towers Are More Than 99% Taken
- Manhattan Commercial Real Estate Office Sales Plunge 91%
- Retail Rents Have Dropped More Than 20% In Parts Of Manhattan As Landlords Get Desperate
- Manhattan Office Sales Ground to Halt in First Half
2009-06-19 — bloomberg.com
"Midtown Manhattan office rents have dropped an average of 28 percent in asking price from the peak last year and the market may be near its bottom, according to a report by real-estate brokerage CB Richard Ellis Group Inc."
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