Chart of the Week: Top rents clustered in the Plaza District

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New York Chart of the Week: July 7, 2014

PowerPoint Presentation

  • Trophy assets in the Plaza District command the highest rents in Manhattan with an average direct asking rent of $104 per square foot
  • Year-to-date, there have been 32 leases with a starting rent of $100+ per square foot, compared with 29 at this time last year
  • Assets with views of Central Park command an average asking rent of $156 per square foot

Source: JLL Research

Click here for a larger version of the chart

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