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.
Thank you for posting your requirements on Rofo.
You will be contacted by email by local pros who have specific property ideas that match your space needs.
Showing 381 - 400 of 500 buildings with 1,640 total listings
1920 Amsterdam Ave, New York, NY 10032
Located in the Washington Heights neighborhood of Manhattan between W 155th St & W 156th St near the 155th St subway station. Nearest Transit:...
1 special purpose space 11,000 square feet.
Save
150 Greenwich St, New York, NY 10007
Opened in November 2013, 4 World Trade Center was the first office tower to open on the 16-acre WTC site and the newest addition to the Downtown...
3 office spaces from 9,192 to 44,716 square feet.
Save
1370 Broadway, New York, NY 10023
Nicely build space available fully furnished. The entire 12th floor features over 100 workstations, 9 offices, 6 meeting rooms (4+) and 3 conference...
2 office spaces from 6,888 to 16,794 square feet.
Save
157 W 18th St, New York, NY 10011
Brand new prebuilt with 10' ceilings, chevron pattered hardwood floors, glass front conference room, high end open pantry, two dedicated bathrooms....
4 office spaces 4,609 square feet.
Save
22 Vanderbilt Ave, New York, NY 10017
Building is undergoing renovations. Building amenities includes 100-car underground parking garage, ATM, health club, coffee bar, Japanese restaurant...
15 office spaces from 38,366 to 40,553 square feet.
Save
250 W 57th St, New York, NY 10107
250 West 57th Street comprises of 26 stories and 541,738 rentable square feet of modern office space. The property's substantially completed...
4 office spaces from 2,264 to 26,129 square feet.
Save
325 Hudson St, New York, NY 10013
325 Hudson Street, located in the heart of the thriving Hudson Square submarket at the juncture of Hudson and Vandam Streets, offers a prime...
6 office spaces from 7,972 to 23,828 square feet.
Save
38 E 19th St, New York, NY 10003
Brand new prebuilt installation designed by Fogarty Finger. - Prebuilt with 1 conference room, 1 meeting room, 3 offices, pantry and open area...
3 office spaces from 5,169 to 5,339 square feet.
Save
450 Park Ave, New York, NY 10022
Light-filled floors and views framed by the buildingÕs sweeping signature curvilinear windows. Fully flexible floorplates.
8 office spaces from 1,932 to 10,820 square feet.
Save
5 Bryant Park, New York, NY 10036
Its elegant marble lobby has entrances from both 40th and 41st Streets. Some of the offices have unobstructed views of Bryant Park and the Manhattan...
8 office spaces from 7,405 to 34,032 square feet.
Save
530 7th Ave, New York, NY 10018
The propety is home to The Skylark, a classically styled cocktail lounge with Panoramic views of Hudson River, The Empire State Building, and...
4 office spaces from 12,044 to 18,500 square feet.
Save
75 Rockefeller Plz, New York, NY 10111
Newly constructed and furnished block of up to 89,881 RSF in the heart of Rockefeller Center. Tenants will have access to an exclusive and expansive...
4 office spaces from 14,116 to 30,695 square feet.
Save
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.
Save
33 Nassau Ave, New York, NY 11222
Kalmon Dolgin Affiliates presents a leasing opportunity of 2,200 SF of sun-lit, lofty commercial space. Ideal for creative usages, this space...
1 office space 2,200 square feet.
Save
Search nearby cities:
Belleville, NJ
Bogota, NJ
Carlstadt, NJ
Cliffside Park, NJ
Clifton, NJ
East Rutherford, NJ
Edgewater, NJ
Elizabeth, NJ
Englewood, NJ
Englewood Cliffs, NJ
Fairview, NJ
Fort Lee, NJ
Garfield, NJ
Hackensack, NJ
Hasbrouck Heights, NJ
© 2008-2025 Rofo.com. All rights reserved.