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Manhattan Office Rents Plunge To Lowest Since 2018 Amid Record Supply Glut

Manhattan Office Rents Plunge To Lowest Since 2018 Amid Record Supply Glut
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Tiffany s ends $7m per year lease with Trump Organisation

The Trump Organisation will have $7m less flowing into its coffers this year now that an iconic retailer has stopped renting space at a Trump-owned building. Tiffany's announced it would not be renewing its lease with the Trump Organisation, and will be moving its store back to its historical location on Fifth Avenue. In 2018, the iconic jewelry store agreed to sublease the 74,000-square-foot space on 6 E 57th St. while renovations were done at.

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Trump Org s 6 East 57th Street Has Looming Retail Vacancy

The Trump Organization will have to deal with a large retail vacancy coming up at 6 East 57th Street

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