Family Office Briefing on research bySavills·Jan 5, 2024
New York 2023 Q4 Office Report
New York office availability rate increased to 19.5% in Q4 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Availability Rate | 19.5% |
| Asking Rental Rate | 75.98$/sf |
| Class A Asking Rental Rate | 84.64$/sf |
| Quarterly Leasing Activity | 8.9msf |
| Available Sublease Space | 20.1msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Savills
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