Manhattan has 13 million square feet of office space under construction despite sector's woes
Vornado's Penn 2 and Brookfield's 2 Manhattan West are major projects set to arrive this year as working from home remains popular
Manhattan offices continue struggle as downtown hits new low
Leasing in borough dropped 4% in Q2: Colliers
The vacancy rate in Manhattan for the second quarter was 17.2 percent, a slight improvement from the previous period. It was an increase year over year, however, and not far off from February’s record 17.4 percent vacancy rate.
https://therealdeal.com/new-york/2022/07/06/manhattan-offices-continue-struggle-as-downtown-hits-new-low/
reconcile