4 ms·

"Asking rents in Manhattan offices averaged $75.13 per square foot" I rented a nice office on 25th / Broadway near Madison Square Park back in early 2000s for

by pcurve 3y ago

"Asking rents in Manhattan offices averaged $75.13 per square foot" I rented a nice office on 25th / Broadway near Madison Square Park back in early 2000s for a few years and it was about $45 per square foot. All utility included. I'm surprised the average isn't higher.

bombcar 3y ago
Are those prices quoted per month or per year?
- pcurve 3y ago
  per year. e.g. 1000 sq ft office at $72 sqft = $72,000 / year or $6000/month. It's no chump change, but most Manhattan 1000 sq ft apartment with 2 bedroom will cost more than that, especially with common charge.