Wednesday, July 29, 2026
Family Office Briefing on research byTranswestern·Jan 26, 2024

Downtown Manhattan Office Research Report - Q4 2023

Downtown Manhattan office leasing activity reached 1.2 MSF in Q4 2023 — family offices should consider co-GP opportunities with established operators.

OfficeQ4 2023

Key Metrics

MetricValue
Net Absorption938.3Thousands SF
Overall Vacancy Rate19.9%
Overall Vacant SF18.2MSF
Asking Rent55.48PSF

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

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