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JLL’s latest New York Monthly Market Update contains a jillion statistics, but this one just might be the most telling of the batch:

“Of the 10 large-block leases year to date in Midtown, eight are west of Fifth Avenue, which is part of the westward migration currently happening in Midtown.”

It sounds as though East Midtown rezoning — which will allow larger modern buildings to go up and was approved last week after a noble campaign waged by the Department of City Planning — came not a minute too soon.

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