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Office Tenants Maintain Leasing Leverage at Start of the New Year

Concessions Continue To Drift Higher in New York's Office Sector
Concessions, in the form of free rent and tenant improvement allowance, continue to rise in New York's office leasing environment. (CoStar)
Concessions, in the form of free rent and tenant improvement allowance, continue to rise in New York's office leasing environment. (CoStar)
CoStar Analytics
8 January 2024 | 19:13

New York office tenants continued to strengthen their advantage at the negotiating table in 2023.

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News | Office Tenants Maintain Leasing Leverage at Start of the New Year