Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·Aug 2, 2024

Midtown South Manhattan Office Research Report - Q2 2024

Midtown South Manhattan office market shows positive absorption in Q2 2024 — family offices should consider co-GP opportunities with active operators.

OfficeQ2 2024

Key Metrics

MetricValue
Net Absorption104.2Thousands SF
Overall Vacancy Rate19.8%
Overall Vacant SF16.2MSF
Asking Rent86.86PSF

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

Building a thesis around Office? 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.