Manhattan Office Space Leasing: Why Now Is A Great Time To Sign A Deal

Manhattan Office Space Leasing: Why Now Is A Great Time To Sign A Deal, updated 11/23/22, 6:31 AM

Hybrid work models continue to be the norm in Manhattan - and while more workers are expected back in office in January, you can get great deals on office spaces with help from the right agency.

Go to https://rentnyoffice.com/manhattan-office-leasing-report-for-business-owners-q3-2022 to learn more!

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Manhattan Office Space Leasing: Why Now Is
A Great Time To Sign A Deal
The pandemic has
skyrocketed the number of
remote workers throughout
the world - but Manhattan
employees are slowly
coming back to offices.
An average weekday sees
almost half of office workers
at the workplace - an 11%
increase over April 2022 -
with January estimates at
54%
And while just 9% are in the
office five days a week, the
majority of employees expect
their in-office staff number to
either stay the same or increase
in the near future.
The effects of this trend on
the lease market are more
complex:
https://rentnyoffice.com/manh
attan-office-leasing-report-for-
business-owners-q3-2022/
A new report Cogent Realty
Advisors report indicates
that, in spite of the expected
upward trend, the current
market is still favoring
tenants.
"Class A and ‘in demand’
properties are competing by
offering enhanced tenant
incentives.” said Cogent
Realty founder Mitch
Waldman.
"These include rent
concessions (the free rent
period) and cash
contributions used for the
construction of new
offices."
Go to https://rentnyoffice.com to
learn more!