More than one-fifth of office space below Canal Street remains closed in the wake of Hurricane Sandy, according to a tally released today by Jones Lang LaSalle research. Out of 183 Class A and Class B buildings, 25 are shuttered three weeks on. Thus, some 20.7 million square feet of office space downtown are closed to tenants. Total inventory of Lower Manhattan Class A and Class B office properties totals 101.2 million square feet. The [more]
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