Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 New York, NY - Office
This report provides an overview of the Manhattan office market in Q1 2025, highlighting leasing activity and market indicators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 15.0% |
| Avg NNN Asking Rate PSF | 74.10$ |
| Net Absorption SF | 44,408,729SF |
| Under Construction SF | 5,817,791SF |
Metrics extracted from the source report and independently fact-checked. Method →
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