Manhattan faces run on premium Class B offices
2 Articles
2 Articles
Manhattan’s Top Class B Office Buildings Face a Space Crunch
Could it actually happen? Could Manhattan run out of quality Class B office space? It’s long been agreed that America’s premier office market is running low on Class A space, thanks to the so-called flight to quality everybody goes on about. Now it looks like the buildings just below in terms of age, location and amenities — call them B-plus/A-minus buildings — might be filling up for years to come. “I would say one-third of our properties are …
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