Family Office Briefing on research byTranswestern·May 3, 2024
Manhattan Office Research Report - Q1 2024
Manhattan office market sees negative net absorption and rising availability in Q1 2024 — family offices should consider co-GP opportunities with experienced operators.
OfficeQ1 2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | -2,683.5Thousands SF |
| Overall Vacancy Rate | 17.3% |
| Overall Vacant SF | 79.3MSF |
| Asking Rent | 75.27PSF |
| Availability Rate | 18.9% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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