As of late 2023, New York Citys commercial real estate market, particularly the office sector, continues to navigate a complex landscape marked by fluctuating vacancy rates and evolving tenant needs. The office vacancy rate has stabilized around 16, reflecting a slight decrease from previous highs, yet it remains elevated compared to prepandemic levels. Recent trends indicate a gradual rebound in leasing activity, driven by companies reevaluating their workspace strategies to accommodate hybrid work models.
Market health indicators such as rental rates have varied significantly by submarket, with areas like Midtown experiencing more resilience compared to Downtown, where vacancy rates are notably higher. Landlords are increasingly offering flexible lease terms and incentives to attract tenants, showcasing a shift toward a tenantcentric approach.
The growth of coworking spaces continues to shape the landscape, catering to a diverse range of tenants from startups to established firms. Coworking facilities not only provide flexibility but also foster collaboration and innovation, making them particularly appealing to small businesses that may require scalable solutions. They serve as a buffer against longterm commitments traditionally associated with conventional office leases.
For small businesses considering office space in New York, it is essential to assess location priorities and budget constraints. Flexibility remains paramount businesses may benefit from coworking arrangements or shorter lease terms to adapt as their needs evolve. Additionally, the emphasis on amenities and creative office layouts can enhance employee satisfaction and productivity, making these factors critical considerations when selecting space in the current environment.
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Showing 1 - 20 of 500 buildings with 1,640 total listings
One Rockefeller Plaza, New York, NY 10020
Impress effortlessly in this landmark Art Deco destination There�mething about a statement entryway and a Manhattan address that makes a lasting...
11 office spaces from 11 to 1,076 square feet.
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99 Hudson St, New York, NY 10013
99 Hudson is located in the well known Tribeca neighborhood in Lower Manhattan. Tribeca is the home for many famous residents as well as upscale...
13 office spaces from 11 to 11,721 square feet.
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845 Third Avenue, New York, NY 10022
Prestigious address, contemporary space Housing the British Consulate, 845 Third Avenue is a prestigious business address in Manhattan. Contemporary...
11 office spaces from 11 to 1,076 square feet.
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80 Broad St, New York, NY 10004
80 Broad Street in New York City, also known as the Exchange Building, was built in 1935. The architects who designed the building were Sloan...
11 office spaces and 
3 retail spaces from 11 to 8,559 square feet.
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600 Third Ave, New York, NY 10016
Get creative in stimulating Midtown East surroundings Nestled in the city centre, 600 Third Avenue is the perfect location for workers commuting...
11 office spaces from 11 to 1,076 square feet.
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590 Madison Ave, New York, NY 10022
A prestigious base with inspiring views Being welcomed through the stunning three-story lobby of 590 Madison Avenue is enough to get clients...
11 office spaces from 11 to 1,076 square feet.
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57 W 57th St, New York, NY 10019
Stylish workspace in the well-connected Garment District Find yourself in the centre of the New York business scene, where this modern workspace...
11 office spaces from 11 to 1,076 square feet.
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5 Penn Plaza, New York, NY 10001
Iconic Location to Inspire Creativity Situated across from Penn Station, this influential, bold space is located in one of New Yorkost iconic...
11 office spaces from 11 to 1,076 square feet.
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445 Park Ave, New York, NY 10022
Cultivate creativity on Park Avenue Elevate your business in a renowned hub of enterprises. 445 Park Avenue contains the headquarters of many...
11 office spaces from 11 to 1,076 square feet.
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411 Lafayette St, New York, NY 10003
Harness your creativity in this desirable NoHo destination Situated in Downtown Manhattan, 411 Lafayette Street is a pre-war building renovated...
11 office spaces from 11 to 3,600 square feet.
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41 Madison Ave, New York, NY 10010
We have a fully furnished office space available now that will provide significant savings over securing an office on your own. The office has...
11 office spaces from 11 to 1,076 square feet.
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41 Flatbush Ave, New York, NY 11217
BEAUTIFULLY DESIGNED WORKSPACE IN THE HEART OF DOWNTOWN BROOKLYN. Spaces Fort Greene offers a creative working environment in the heart of downtown...
9 office spaces from 11 to 1,076 square feet.
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405 Lexington Ave, New York, NY 10174
IMPRESS WITH AN ICONIC WORKPLACE ADDRESS IN NEW YORK CITY. Be inspired by working in one of the worlds most famous landmarks, the spectacular...
11 office spaces from 11 to 1,076 square feet.
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287 Park Ave S, New York, NY 10010
THEREÕS A CO-WORKING HAVEN AT SPACES FLATIRON. Within nine floors of this inspirational and bright work place, Spaces Flatiron gives professionals...
10 office spaces from 11 to 1,076 square feet.
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260 Madison Ave, New York, NY 10016
Furniture Available Mix of office and open area with multiple meeting rooms and conference areas. Complete lobby renovation 3 blocks from Bryant...
11 office spaces from 11 to 1,076 square feet.
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250 Park Ave, New York, NY 10177
Join a thriving community in a world-class location Imagine what opportunities await you in the heart of a thriving area surrounded by all kinds...
11 office spaces from 11 to 1,076 square feet.
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