The average Class B asking rent for office real estate declined in all submarkets in Downtown Manhattan between 2022 and 2023. In the fourth quarter of 2023, Tribeca had the highest average Class B rent of 68.36 U.S. dollars per square foot, while the World Trade Center had the lowest rate of 42.81 U.S. dollars per square foot. The average class B asking rent in Downtown Manhattan was 52.30 U.S. dollars per square foot in that quarter.
Average Class B asking rent for office space in Downtown 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 space in Downtown Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/606172/class-b-asking-rent-downtown-manhattan-by-submarket/
Colliers International. "Average Class B asking rent for office space in Downtown Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars)." Chart. January 8, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/606172/class-b-asking-rent-downtown-manhattan-by-submarket/
Colliers International. (2024). Average Class B asking rent for office space in Downtown Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/606172/class-b-asking-rent-downtown-manhattan-by-submarket/
Colliers International. "Average Class B Asking Rent for Office Space in Downtown 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/606172/class-b-asking-rent-downtown-manhattan-by-submarket/
Colliers International, Average Class B asking rent for office space in Downtown Manhattan in 4th quarter 2022 and 4th quarter 2023, by submarket (in U.S. dollars) Statista, https://www.statista.com/statistics/606172/class-b-asking-rent-downtown-manhattan-by-submarket/ (last visited December 21, 2024)
Average Class B asking rent for office space in Downtown 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/606172/class-b-asking-rent-downtown-manhattan-by-submarket/
