Wednesday, June 10, 2026
Family Office Briefing on research byLee & Associates·Oct 21, 2025

2025 Q3 New York, NY - Office

Manhattan office market rebounds with 5.77 million SF net absorption in Q3 2025 — family offices should consider co-GP opportunities with strong operators.

OfficeNew York2025

Key Metrics

MetricValue
Net Absorption5.77million SF
Vacancy Rate14.7%
Average Asking Rent72.55$/SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around New York? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.