| From Bloomberg: Manhattan office rents may rise as much as 10 percent next year as global growth accelerates, the chief economist of Colliers International’s New York regional office said.
“Cash balances and corporate liquidity are almost at an all-time high,” Peter Kozel said today at a press briefing in Manhattan. “That’s enormous potential energy just waiting to be released. And New York City is enormously tied into the global economy.”.............................................Full Article: Source
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