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Can Manhattan office leasing finally clear its pre-pandemic bar? It will be close.

Year-end deals could lift the market over the average it reached before COVID-19
Large transactions involving high-profile office towers were key to the growing strength of the Manhattan office market this year. (CoStar)
Large transactions involving high-profile office towers were key to the growing strength of the Manhattan office market this year. (CoStar)
CoStar Analytics
December 15, 2025 | 9:06 P.M.

With just two weeks remaining in 2025, Manhattan’s office leasing market is closing in on a benchmark that once seemed firmly out of reach.

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