The trend of deep‑pocketed office tenants paying ever‑higher rents in New York shows no sign of easing, as two recent deals have broken the $320‑per‑square‑foot threshold.
Scarcity at the top sends New York office rents beyond $320 a square foot
Two new Manhattan leases follow year of record‑setting deals
By Andria Cheng
CoStar NewsApril 2, 2026 | 7:58 P.M.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- 9W57
9 57th St, New York, NY
- One Vanderbilt
1 Vanderbilt Ave, New York, NY
- Companies
- Soloviev Group
Real Estate
- SL Green Realty Corp.
Real Estate
- Contacts
- Gregg Rothkin
Executive Vice President, CBRE
- Tara Rhodes
Senior Associate, CBRE
- Howard Fiddle
Vice Chairman, CBRE
- Alex Leopold
Senior Vice President, CBRE