In another ominous sign for commercial real estate lenders, Manhattan office rents fell by a record 7.4% in the second quarter as landlords adjusted to job losses and fallout from the shrinking financial services industry, the property brokerage Cushman & Wakefield Inc. said.

Rents declined to $60.23 a square foot from $65.01 in the first quarter, Cushman, which is based in New York, said in a report released Tuesday.

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