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MARKET OVERVIEW

Sixth Avenue/Rock Center: Class A Net Effective vs. Base Rental Rates

$/sf

$/sf

Mos. Free

13.0

$100.00

14

$95.00

$90.00

12

$85.00

$85.87

$80.00

$86.13

8.9

10

$80.66

$70.00

$75.00

8

$60.00

$69.92

$69.15

$65.00

$58.20

$50.00

6

$40.00

$55.00

4

$30.00

$45.00

2

$20.00

$35.00

$10.00

0

2017

2018–2019 YTD

2017

2018–2019 YTD

Starting Rent

NER

TI

NER

Data as of May 1, 2019

K HLT NY HILTON LLC | CUSHMAN & WAKEFIELD | 43