The tables below summarize
the range of rents and number of new office spaces 1500-5000rsf in Midtown, including
(on the east side) Grand Central, Plaza, Murray Hill, and UN Plaza
districts, and (on the west side)
Columbus Circle,
Times Square, and Penn
Plaza-Garment districts.
Columbus Circle
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Med
|
|
|
|
|
|
|
|
|
|
|
Plus Electric |
7 |
$38.50 |
$40.31 |
$42.00 |
0 |
- |
- |
- |
$40.31 |
|
Off/Ret
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
1 |
- |
- |
- |
0 |
- |
- |
- |
- |
|
Plus Electric |
0 |
- |
- |
- |
1 |
$62.00 |
$62.00 |
$62.00 |
$62.00 |
|
Office
|
|
|
|
|
|
|
|
|
|
|
Full Service Gross |
6 |
$10.00 |
$34.58 |
$39.00 |
0 |
- |
- |
- |
$34.58 |
|
Negotiable |
29 |
$45.00 |
$86.52 |
$102.00 |
28 |
$38.00 |
$38.00 |
$38.00 |
$85.37 |
|
Plus Electric |
81 |
$35.00 |
$64.74 |
$95.00 |
35 |
$39.00 |
$47.13 |
$88.00 |
$62.12 |
|
TBD |
5 |
$30.00 |
$55.62 |
$65.00 |
2 |
- |
- |
- |
$55.62 |
| |
|
|
|
|
|
|
|
|
|
|
Grand
Central
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Med
|
|
|
|
|
|
|
|
|
|
|
Plus Electric |
1 |
$42.00 |
$42.00 |
$42.00 |
0 |
- |
- |
- |
$42.00 |
|
Off/Ret
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
3 |
$25.00 |
$25.00 |
$25.00 |
2 |
- |
- |
- |
$25.00 |
|
Plus Electric |
4 |
- |
- |
- |
0 |
- |
- |
- |
- |
|
Office
|
|
|
|
|
|
|
|
|
|
|
Full Service Gross |
5 |
$50.00 |
$54.91 |
$56.00 |
7 |
- |
- |
- |
$54.91 |
|
Modified Gross |
0 |
- |
- |
- |
1 |
$40.00 |
$40.00 |
$40.00 |
$40.00 |
|
Negotiable |
72 |
$35.00 |
$66.61 |
$84.00 |
23 |
$49.00 |
$49.00 |
$49.00 |
$63.61 |
|
Plus All Utilities |
2 |
- |
- |
- |
0 |
- |
- |
- |
- |
|
Plus Electric |
282 |
$20.00 |
$55.81 |
$135.00 |
36 |
$33.00 |
$56.09 |
$95.00 |
$55.82 |
|
TBD |
8 |
- |
- |
- |
4 |
- |
- |
- |
- |
| |
|
|
|
|
|
|
|
|
|
|
Murray Hill
|
|
|
DIRECT
SPACES |
|
|
SUBLET
SPACES |
|
TOTAL |
|
# Spaces
|
Min |
Avg |
Max |
# Spaces
|
Min |
Avg |
Max |
Avg |
|
Off/Med
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
3 |
- |
- |
- |
1 |
- |
- |
- |
- |
|
Off/Ret
|
|
|
|
|
|
|
|
|
|
|
Negotiable |
2 |
$60.00 |
$60.00 |
|
