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 181 - 200 of 500 buildings with 1,640 total listings
470 Columbus Ave, New York, NY 10024
Turnkey retail space below The Charlotte, Lennox VRF HVAC systems along with energy recovery ventilation, Two refuse rooms and three ADA restrooms,...
1 retail space 3,187 square feet.
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86 Broad St, New York, NY 10004
Formerly DIG INN, Fully built-out fast-casual restaurant, High foot traffic area, Excellent restaurant opportunity in the heart of the Financial...
1 retail space 2,060 square feet.
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450 E 14th St, New York, NY 10009
High visibility location right at the High Line in the Meatpacking District, All uses considered, Non Contiguous basement
2 retail spaces from 3,526 to 4,369 square feet.
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845 7th Ave, New York, NY 10019
All uses considered, Gas & Venting in place, Space can be easily vented for cooking, Nearby access to the 57th street subway station
1 retail space 400 square feet.
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1228 Madison Ave, New York, NY 10128
New construction at the base of a luxury condo building, Close proximity to Central Park, Fifth AvenueÕs Museum Mile, and nearby schools serving...
1 retail space 3,343 square feet.
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3803 Broadway, New York, NY 10032
All uses considered, One of the busiest intersections in Washington Heights, High foot traffic area, Space A former liquor store, Space B former...
2 retail spaces from 700 to 3,300 square feet.
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1177 Broadway, New York, NY 10001
Ground floor can be divided into two spaces, Prime Retail location in the heart of NoMad, Steps away from Madison Square Park
3 retail spaces from 3,494 to 7,022 square feet.
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154 Bleecker St, New York, NY 10012
High visibility corner location in the heart of Greenwich Village, All uses considered, Close vicinity to multple subway trains
3 retail spaces from 910 to 3,798 square feet.
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780 3rd Ave, New York, NY 10017
780 Third Avenue is a distinctive architectural accomplishment, soaring forty-eight stories and 570 feet into the east Midtown Manhattan Skyline....
27 office spaces from 1,508 to 11,593 square feet.
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222 W 125th St, New York, NY 10027
Class "A" six-story 132,570 RSF office building scheduled for January 2022 occupancy. Tenants will enjoy a private lobby & elevator, Magnificent...
5 office spaces from 18,085 to 24,100 square feet.
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1 State St, New York, NY 10004
Modernized building infrastructure, a renovated plaza, new and expanded lobby and building entrance, customizable floor plates, private roof...
7 office spaces from 11,278 to 27,156 square feet.
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20 W 37th St, New York, NY 10018
The facade of 20 West 37th Street has recently undergone a major renovation. This property now features new elevator cabins, new bathrooms, new...
5 office spaces 6,750 square feet.
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55 Exchange Pl, New York, NY 10005
Fully built school space with large classrooms, offices, large wet pantry, and private bathrooms. Beautiful attended lobby. Cleaning is included...
1 office space 1,000 square feet.
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90 5th Ave, New York, NY 10011
Adjacent to Union Square Park, the neighborhood community around 90 Fifth Avene is known for its choice of restaurants, diverse retailiers, off-Broadway...
7 office spaces 12,602 square feet.
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