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 161 - 180 of 500 buildings with 1,640 total listings
27 E 28th St, New York, NY 10016
We offer 3 office solutions.Ê A Hot Desk where you can simply plug in to any empty desk in our common areas.Ê A reserved Dedicated Desk in our...
1 office space 100 square feet.
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30 W 21st St, New York, NY 10010
We offer 3 office solutions.Ê A Hot Desk where you can simply plug in to any empty desk in our common areas.Ê A reserved Dedicated Desk in our...
1 office space 100 square feet.
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38 W 21st St, New York, NY 10010
We offer 3 office solutions.Ê A Hot Desk where you can simply plug in to any empty desk in our common areas.Ê A reserved Dedicated Desk in our...
1 office space 100 square feet.
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71 5th Ave, New York, NY 10003
We offer 3 office solutions.Ê A Hot Desk where you can simply plug in to any empty desk in our common areas.Ê A reserved Dedicated Desk in our...
1 office space 100 square feet.
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885 3rd Ave, New York, NY 10022
One of ManhattanÕs most iconic skyscrapers, 885 Third Avenue Ð better known as ÒThe Lipstick BuildingÓ Ð rises 34 stories from the corner of...
28 office spaces from 2,782 to 28,494 square feet.
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1370 6th Ave, New York, NY 10019
Major building renovation in the works to include: lobby improvment and remodeling, upgraded elevator cabs, and new security/fire safety systems.
9 office spaces from 1,304 to 11,046 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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33 Whitehall St, New York, NY 10004
The building has an atrium lobby and column-free space. Five special height trading floors. All floors are fiber optic ready. The distinctive...
4 office spaces from 8,963 to 17,421 square feet.
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449 W 36th St, New York, NY 10018
Standing on 36th Street, the Property is at the gateway to the vibrant and electric West Side which includes billion-dollar commercial developments...
1 office space
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368 9th Ave, New York, NY 10001
We offer 3 office solutions.Ê A Hot Desk where you can simply plug in to any empty desk in our common areas.Ê A reserved Dedicated Desk in our...
1 office space 100 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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608 5th Ave, New York, NY 10020
Offering 100,000 sq ft of prime office space at a trophy Manhattan location, 608 Fifth Avenue is a boutique building in the midst of Rockefeller...
7 office spaces from 1,055 to 4,846 square feet.
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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.
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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.
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