Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Apr 27, 2023

New York 2023 Q1 Market Report

Manhattan office leasing activity increased 32.5% in Q1 2023 — family offices should consider co-GP opportunities amid rising renewals.

New York2023

Key Metrics

MetricValue
Leasing Activity7.3msf
Availability Rate19.5%
Sublet Space22.4msf

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 real estate 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.