The average Class A asking rent for office real estate in Midtown, Manhattan in the fourth quarter of 2023 varied significantly among submarkets. Plaza District had the highest average Class A rent of 95.13 U.S. dollars per square foot, while the U.N. Plaza had the lowest rate of 68.35 U.S. dollars per square foot. Times Square was the only submarket where rents rose between 2022 and 2023.
Average Class A asking rent for office space in Midtown, 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 A asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/606154/class-a-asking-rent-midtown-manhattan-by-submarket/
Colliers International. "Average Class A asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars)." Chart. January 8, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/606154/class-a-asking-rent-midtown-manhattan-by-submarket/
Colliers International. (2024). Average Class A asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/606154/class-a-asking-rent-midtown-manhattan-by-submarket/
Colliers International. "Average Class A Asking Rent for Office Space in Midtown, 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/606154/class-a-asking-rent-midtown-manhattan-by-submarket/
Colliers International, Average Class A asking rent for office space in Midtown, Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) Statista, https://www.statista.com/statistics/606154/class-a-asking-rent-midtown-manhattan-by-submarket/ (last visited December 22, 2024)
Average Class A asking rent for office space in Midtown, 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/606154/class-a-asking-rent-midtown-manhattan-by-submarket/
