Which submarkets have outperformed in Midtown Manhattan?
Midtown post-COVID supply by submarket
Analyzing the current availability rate in comparison to the post-COVID change in availability reveals the submarkets that have displayed consistent strength amidst economic volatility.
- Central Park and Hudson Yards, both representing top-tier office submarkets, have exhibited the smallest post-COVID rise in availability rates and currently maintain two of the lowest availability rates in Midtown.
- Examining Midtown from this perspective reinforces the significance of high-quality assets in today's office environment.
September 21, 2023
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