HomeBriefs

Brief

Penn Station Becoming the Center of Manhattan’s Office Universe

A new report from Cushman & Wakefield shows that almost a quarter of Manhattan office relocations in 2023, 2024 and 2025 ended up in the Pennsylvania Station submarket, and that most tenants relocated

File photo

Summary

A new report from Cushman & Wakefield shows that almost a quarter of Manhattan office relocations in 2023, 2024 and 2025 ended up in the Pennsylvania Station submarket, and that most tenants relocated while expanding their space.

The report indicates that “between 2023 and 2025, more than 3.

5 million square feet of relocations flowed into […]

Source