The tables
below summarize the range of rents and number of new office
spaces 1500-5000rsf in Downtown,
including
City Hall, Financial,
Insurance, and Tribeca districts.
City Hall
|
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Ret
|
Negotiable
Plus Electric |
1 2 |
$25.00 |
$50.00 |
$75.00 |
0 0 |
-- |
-- |
-- |
$50.00 |
|
Office
|
Triple Net |
1 |
- |
- |
- |
0 |
- |
- |
- |
- |
|
|
Negotiable Net
|
18 0 |
$22.00 - |
$32.24 - |
$38.00 - |
5 1 |
$34.00 - |
$34.00 - |
$34.00 - |
$32.29 - |
|
|
Plus Electric |
32 |
$20.00 |
$38.17 |
$200.00 |
3 |
- |
- |
- |
$38.17 |
|
|
TBD |
2 |
$29.00 |
$30.43 |
$32.00 |
3 |
- |
- |
- |
$30.43 |
| |
|
|
|
|
|
|
|
|
|
|
|
Financial District
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Ret
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
3 |
$50.00 |
$50.00 |
$50.00 |
0 |
- |
- |
- |
$50.00 |
|
Plus Electric |
0 |
- |
- |
- |
1 |
$35.00 |
$35.00 |
$35.00 |
$35.00 |
|
Office
|
|
|
|
|
|
|
|
|
|
|
Full Service Gross |
4 |
$32.00 |
$34.55 |
$36.00 |
5 |
$32.00 |
$32.00 |
$32.00 |
$33.27 |
|
Modified Gross |
0 |
- |
- |
- |
1 |
$36.00 |
$36.00 |
$36.00 |
$36.00 |
|
Negotiable |
33 |
$30.00 |
$42.51 |
$49.00 |
23 |
- |
- |
- |
$42.51 |
|
Plus All Utilities |
2 |
- |
- |
- |
0 |
- |
- |
- |
- |
|
Plus Electric |
175 |
$21.00 |
$38.14 |
$80.00 |
27 |
$35.00 |
$44.40 |
$45.00 |
$39.11 |
|
TBD |
0 |
- |
- |
- |
4 |
- |
- |
- |
- |
| |
|
|
|
|
|
|
|
|
|
|
Insurance District
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Ret
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
1 |
$35.00 |
$35.00 |
$35.00 |
0 |
- |
- |
- |
$35.00 |
|
Plus Electric |
4 |
$85.00 |
$85.00 |
$85.00 |
1 |
- |
- |
- |
$85.00 |
|
Office
|
|
|
|
|
|
|
|
|
|
|
Full Service Gross |
4 |
$32.00 |
$33.25 |
$36.00 |
0 |
- |
- |
- |
$33.25 |
|
Negotiable |
6 |
$30.00 |
$30.00 |
$30.00 |
6 |
$26.00 |
$33.60 |
$35.00 |
$33.34 |
|
Net |
5 |
$35.00 |
$56.85 |
$125.00 |
0 |
- |
- |
- |
$56.85 |
|
Plus Electric |
65 |
$22.00 |
$31.46 |
$35.00 |
5 |
- |
- |
- |
$31.46 |
|
TBD |
1 |
$15.00 |
$15.00 |
$15.00 |
0 |
- |
- |
- |
$15.00 |
| |
|
|
|
|
|
|
|
|
|
|
Tribeca
