The average Class B asking rent for office real estate in Manhattan in the fourth quarter of 2023 was 67.81 U.S. dollars per square foot. The district that reported the highest average Class B rent was Midtown South, where a square foot of space cost 74.02 U.S. dollars. Between the fourth quarter of 2022 and the fourth quarter of 2023, rents in Midtown South increased, while in Midtown and Downtown, they declined.
Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket
(in U.S. dollars)
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Colliers International. (January 8, 2024). Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
Colliers International. "Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars)." Chart. January 8, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
Colliers International. (2024). Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
Colliers International. "Average Class B Asking Rent for Office Real Estate in Manhattan in 4th Quarter 2022 and 4th Quarter 2023, by Submarket (in U.S. Dollars)." Statista, Statista Inc., 8 Jan 2024, https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
Colliers International, Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) Statista, https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/ (last visited December 30, 2024)
Average Class B asking rent for office real estate in Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) [Graph], Colliers International, January 8, 2024. [Online]. Available: https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
