By
Leah Gallagher
The
threat of shorter office lease terms has been looming over the commercial real
estate industry for several years. Companies first braced for the potential
impact of new standards from the International Accounting Standards Board (IASB)
recognizing all leases on the balance sheet, which took effect in January 2019.
Then, the office leasing world was hit with additional…
By Danny Mangru
The Manhattan office market, often considered a bellwether for commercial real estate across the country, witnessed a slowdown in leasing activity during third quarter 2019. At the same time, several large blocks of space were added to the market, both…