Real Estate Discussion

Manhattan Office Market

MIDTOWN Total Size:

248.7 msf

Jan-20 Jan-19 12.1% 9.3%

Vacancy

Leasing Activity 1.3 msf

2.1 msf

Asking Rents Class A

$83.92 $81.37 $61.65 $61.85

Class B

MANHATTAN Total Size:

MIDTOWN SOUTH Total Size:

406.7 msf

68.3 msf

Jan-20 Jan-19 11.3% 9.4%

Jan-20 Jan-19 8.3% 8.1%

Vacancy

Vacancy

Leasing Activity 2.2 msf

4.2 msf

Leasing Activity 223k sf

469k sf

Asking Rents Class A

Asking Rents Class A

$80.72 $78.95 $62.67 $63.24

$93.42 $94.12 $71.13 $74.30

Class B

Class B

DOWNTOWN Total Size:

89.8 msf

Jan-20 Jan-19 11.0% 10.5%

Vacancy

Leasing Activity 643k sf

1.6 msf

Asking Rents Class A

$66.95 $67.69 $56.91 $56.66

Class B

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