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Prime space in the City financial district now rents at over $836 a square meter per annum.
The cost of leasing prime space has been rising.
"Everybody we speak to says we have a prime space".
The Westchester Arts Council is also negotiating for prime space downtown.
This is prime space for anybody - law firms, banking operations, brokerage, insurance, whatever.
"We see this as an opportunity to secure prime space in this development".
Meanwhile, the average asking prices for prime space rose to $29.13 from $28.85 per square foot.
Average asking prices for prime space remained stable at $28.87 per square foot a year.
"The prime space always goes to local players," says Sunny Wong, CEO of Lifung Trinity, a retailer.
"The prime space always goes to local players," says Sunny Wong, the boss of Lifung Trinity, a retailer.
Ms. Stacom said she expected sales prices to keep rising until a new supply of prime space was announced.
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