January Report by Cassidy Turley Reflect Slight Upticks
Numbers Demonstrate Stability and Strength of Manhattan MarketNEW YORK – January 8, 2013 – Cassidy Turley , a leading commercial real estate services provider in the U.S., today released their January Manhattan Market Report, which reflected the mild upticks in absorption and asking rents while vacancy rates fell to 10.2%. After the turmoil of the last quarter including lingering ramifications of hurricane Sandy, and fears surrounding the narrowly averted fiscal cliff, leasing activity demonstrates subtle shifts and submarket growth. Overall in 2012, there