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New York Tenants Make it Clear: They Want the Best Space

Available Space in Trophy Office Buildings Declines Considerably
Leases in five-star office buildings, such as the recently renovated Penn 2, have helped bring down the availability rate in these trophy properties over the past year. (CoStar)
Leases in five-star office buildings, such as the recently renovated Penn 2, have helped bring down the availability rate in these trophy properties over the past year. (CoStar)
CoStar Analytics
July 19, 2024 | 2:17 P.M.

Manhattan office tenants are gravitating toward the best office space, so much so that there is far less of it compared with just a year ago.

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