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New York's law firm leasing volume down by 45%: report

21 days ago   |   By The Real Deal New York

New York City typically leads the nation in leasing demand from law firms, but as with many other things, the pandemic has upended that. Leasing volume from law firms dropped in New York City by 45 percent in the first half of 2020 compared to the same period last year, according to the latest Savills U.S. Law Firm Activity Report. The sharp decline is the result of the industry's “pandemic pause”; firms have postponed leasing
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