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Monday, October 13, 2014

Stamford's Weak Office Market is a Victim of Manhattan's Success

Today's news that a venture led by Landis Group is seeking to restructure the debt on 400 Atlantic St. in Stamford, Ct. underscores the weakness of that city's office market. While office vacancy has been declining New York City, it actually has been rising this year in Stamford, which is about 37 miles from Manhattan.

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