Manhattan's office market may begin to recover in the next year as financial industry job losses abate and company executives gain confidence, SL Green Realty Corp. Chief Executive Officer Marc Holliday said.

"A lot of the correction has already occurred," Holliday said. "Everybody thinks the world is falling apart. It is tough out there, but I can see that in the next six to 12 months we'll be at an inflection point."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.