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Manhattan office space hits recovery milestone to start 2025

Available space dips below 100 million square feet for the first time since 2020
After rising by nearly 3 million square feet in the first six months of 2024, available office space in Manhattan declined by more than 9 million square feet in the second half of the year. (CoStar)
After rising by nearly 3 million square feet in the first six months of 2024, available office space in Manhattan declined by more than 9 million square feet in the second half of the year. (CoStar)
CoStar Analytics
January 9, 2025 | 9:17 P.M.

The good news continues to roll in for New York's office market at the start of the new year.

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