PowerPoint Presentation
Summary of Economic Scenarios + Coworking Stress Manhattan Class A Market
Short U
2019 2020 2021
Sharp V
2019 2020 2021 9.2 -13.1 9.6 8.2% 15.0% 11.8% $84.73 $73.65 $78.04 3.3% -13.1% 6.0%
Net Absorption
9.2
-9.1 -5.0
Net Absorption
Vacancy
8.2% 13.6% 15.7% $84.73 $77.75 $72.15 3.3% -8.2% -7.2% 2019 2020 2021 9.2 -10.0 -13.1 8.2% 13.9% 19.0% $84.73 $76.90 $64.36 3.3% -9.2% -16.3%
Vacancy
Asking Rent Rent Growth
Asking Rent Rent Growth
Long U
Net Absorption
Vacancy
Asking Rent Rent Growth
Source: Cushman & Wakefield Research Absorption in MSF. Asking rents are gross, all classes, per square foot. Vacancy and rent growth are annual average % (changes) versus year-end. Class A figures are for direct space only.
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