Manhattan’s struggling office market is not out of the woods yet. The amount of square footage leased in the borough in the first half of the year is still 30.5 percent below pre-pandemic levels while the availability rate remained at a record high, according to Lee & Associates NYC’s midyear Manhattan office market report. Coupled ...

New York City’s oft-maligned Local Law 97, which requires owners of most larger buildings to reduce their carbon emissions, has been subject to criticism and even a lawsuit calling the measure financially burdensome and unconstitutional. But for some developers, the law has proven to be a welcome catalyst for pursuing environmentally friendly developments — ones ...