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Manhattan Market Reports

Manhattan Office Market

Average Asking Rent (Price/SF) $75.34
Availability Rate (%) 12.4%
Net Absorption (SF) -442,839

The Manhattan office market recorded 12.2 million square feet of leasing activity in the second quarter of 2018, a 23.6% increase from the second quarter of 2017. With 16 deals signed over 100,000 square feet, the year-to-date leasing total is 20.7 million square feet, 7.0% above the 10-year average and up 7.2% from last year's total of 19.3 million square feet. Midtown led the Manhattan market, capturing six of the top 10 deals.


Manhattan Quarterly Office Report
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Manhattan Monthly Market Report
May 2018
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NewTrends - Workplace: Strategies of the Past and Innovations for the Future
March 2018
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NewTrends - NYC's New Giants
October 2017
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NewTrends - East Midtown Renaissance
May 2017
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