FIRE tenants continue to dominate Manhattan office leasing activity

  • From pre-COVID (2018 to March 2020) to post-COVID (April 2020 to Present), the share of leasing activity in banking, finance, insurance, and real estate increased from 29.5% to 35.9%, marking a 21.7% increase.

 

  • While other industries may still be sorting out long-term occupancy strategies, financial services tenants have remained relatively active in the Manhattan office leasing market.

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