This Chart Tells Manhattan's Office Market Future
By Tom Acitelli
October 6, 2008 | 3:41 p.m
The above chart from Colliers ABR says it all about the Manhattan office market as it enters 2008's final stretch. Vacancy rates, including for top-flight Class A space, continue to rise as asking rents remain flat. The Wall Street crisis, damaging as it is to one of Manhattan's prime office leasers, financial services, won't help matters in 2009.



Suddenly, a Trillion Is Too Much?
Touré Writing Book About 'Post-Blackness' For Free Press
The Week in Interviews: Megan Fox on Genius, Bubbles in Retirement, and a HuffPo Reporter Calls Someone 'Pathetic'
Are Danes and Dancy the New Tinz and Topper?
Inside Nicholas Cage's Museum Tower Condo
Original Real Estate Stories This Week on Observer.com
Bike Community Goes After John Liu Over Yassky's Bill