Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 New York, NY - Office
New York office leasing volume reached 9.7 million SF in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Volume | 9.7million SF |
| Vacancy Rate | 4.9% |
| Average NNN Asking Rate | 8.50$/SF |
| Sale Price | 43$/SF |
| Cap Rate | 8.83% |
Metrics extracted from the source report and independently fact-checked. Method →
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