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New York’s Largest Tenants Choose To Renew Rather Than Relocate

Renewals Outpace Relocations, Highlighting Level of Uncertainty Among Occupiers
More than 60% of all deals sized above 100,000 square feet were renewals, a sign that occupiers are not looking to relocate as they search for stability during times of uncertainty. (CoStar)
More than 60% of all deals sized above 100,000 square feet were renewals, a sign that occupiers are not looking to relocate as they search for stability during times of uncertainty. (CoStar)
CoStar Analytics
January 17, 2024 | 10:18 P.M.

Bright spots are hard to find in New York’s office market.

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