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Average age of Manhattan office buildings approaches 100 years

Aging office stock poses challenges for some New York City owners
CoStar Analytics
January 29, 2025 | 5:19 P.M.

Manhattan — a subsection of the largest office U.S. real estate market, New York City — has an office inventory of almost 600 million square feet, and it's approaching a major milestone: An average building age of nearly 100 years.

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