The average asking rent for office space in Midtown Manhattan in the fourth quarter of 2023 was highest in the Plaza District. The square foot of space cost 93.3 U.S. dollars to rent in that quarter. The cheapest submarket to rent office space was Columbus Circle, where a square foot cost 68.32 U.S. dollars. Times Square was the only district where the average rent rose between the fourth quarter of 2022 and the fourth quarter of 2023.
Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket
(in U.S. dollars per square foot)
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Colliers International. (January 8, 2024). Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/
Colliers International. "Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars per square foot)." Chart. January 8, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/
Colliers International. (2024). Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/
Colliers International. "Average Asking Rent for Office Space in Midtown, Manhattan in 4th Quarter 2022 and 4th Quarter 2023, by Submarket (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 8 Jan 2024, https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/
Colliers International, Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/ (last visited December 23, 2024)
Average asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars per square foot) [Graph], Colliers International, January 8, 2024. [Online]. Available: https://www.statista.com/statistics/606051/median-asking-rent-midtown-manhattan-by-submarket/
