Average Class A asking rent for offices in Midtown South 2023, by submarket
The average Class A asking rent for office real estate in Midtown South, Manhattan in the fourth quarter of 2023 varied significantly among submarkets. Hudson Yards/Manhattan West had the highest average Class A rent of 141.25 U.S. dollars per square foot. A square foot of Class A property in Murray Hill cost 75.06 U.S. dollars to rent, which was about half the cost of one in Hudson Yards.