Family Office Briefing on research byLee & Associates·Jul 22, 2025
2025 Q2 New York, NY - Office
Manhattan office vacancy declined to 14.8% in Q2 2025 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 14.8% |
| Net Absorption | 1.2million square feet |
| Average Asking Rent | 74.09$/square foot |
Metrics extracted from the source report and independently fact-checked. Method →
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