Average Class B asking rent for offices Midtown, Manhattan 2023, by submarket
The average Class B asking rent for office real estate in Midtown, Manhattan in the fourth quarter of 2023 varied by submarket. Columbus circle had the highest average Class B rent of 70.13 U.S. dollars per square foot, while Times Square had the lowest rate of 52.93 U.S. dollars per square foot. TheĀ average class B asking rent in Midtown was 59.83 U.S. dollars in that quarter.