Family Office Briefing on research byLee & Associates·Oct 21, 2025
2025 Q3 New York, NY - Retail
Manhattan retail market shows positive net absorption of 188,000 SF in Q3 2025 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 188,000SF |
| Vacancy Rate | 6.3% |
| Average Asking Rent | 138.07PSF |
| Average Sale Price | 1,712PSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
Building a thesis around New York? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent retail 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.