Brief
Performance Gap Widens Between Class A and B Downtown Manhattan Offices
Cushman & Wakefield sees a growing divide in Downtown Manhattan’s office market, where demand for top-tier, amenitized buildings is driving an increasingly pronounced gap in both performance and prici
Summary
Cushman & Wakefield sees a growing divide in Downtown Manhattan’s office market, where demand for top-tier, amenitized buildings is driving an increasingly pronounced gap in both performance and pricing across asset classes.
According to the report, since 2020, 73% of the downtown leasing activity was concentrated among Class A buildings, with Class B and lower-tier assets...
Source
- Connect CREconnectcre.com
