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In 1979, 4.3 million square feet of space in new office building was leased in New York City, more than twice as much as in 1978. But New York was still a distant second behind record-breaking Houston.
In that city 8.6 million square feet of new office building space was leased, and another 8 million was still available, according to a report by Julien J. Studley Inc., a New York real-estate consultant and brokerage firm.
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