Family Office Briefing on research byTranswestern·Jan 26, 2024
Manhattan Office Research Report - Q4 2023
Manhattan office market shows positive net absorption and declining availability in Q4 2023 — family offices should consider co-GP opportunities with strong operators.
OfficeQ4 2023
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 1,963.6Thousands SF |
| Overall Vacancy Rate | 17.0% |
| Overall Vacant SF | 77.8MSF |
| Asking Rent | 74.09PSF |
| Availability Rate | 18.3% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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