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Manhattan Broke Record Number of Top-Dollar Office Leases in 2022, Study Finds

Deals of $100-Plus Rents Showcase Flight-to-Quality Trend, According to JLL
Brookfield Properties’ Two Manhattan West is one of the buildings commanding top-dollar rent in Manhattan. (Brookfield Properties)
Brookfield Properties’ Two Manhattan West is one of the buildings commanding top-dollar rent in Manhattan. (Brookfield Properties)
CoStar News
January 3, 2023 | 10:27 P.M.

A record 190 office leases commanding at least $100 per square foot in starting rent were signed in Manhattan last year, another telling example of the flight-to-quality trend succeeding in a market that still struggles to recover from the fallout of remote working and economic concerns.

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