Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·Jan 26, 2024

Midtown Manhattan Office Research Report - Q4 2023

Midtown Manhattan office leasing activity surged to 5.8 MSF in Q4 2023 — family offices should consider co-GP opportunities with strong operators.

OfficeQ4 2023

Key Metrics

MetricValue
Leasing Activity5.8MSF
Net Absorption1,429.9Thousands SF
Overall Vacancy Rate15.4%
Overall Availability Rate16.1%
Asking Rent80.86PSF

Metrics extracted from the source report and independently fact-checked. Method →

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