Active industries in 2023 will continue to lead Manhattan demand in 2024

Manhattan leasing activity and tenants in the market share by industry

Manhattan leasing activity and tenants in the market share by industry 2023
  • In 2023, tenants in the FIRE sector (Finance, Insurance, and Real Estate) constituted nearly a third of the total leasing activity, comprising 31%. Additionally, they constitute 32.8% of the current active requirements in Manhattan.

 

  • Law firms, tech, and media companies are also mirroring this trend by playing a substantial role in the leasing activity of 2023, while concurrently holding a significant presence in future demand.

December 13, 2023

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