Office space in Plaza District.
At a glance
Building stock
A dense concentration of trophy and Class A towers — landmark prewar and postwar buildings beside modern glass — with premium floorplates, high finishes, and park-facing exposures. Scarce inventory keeps the best space tightly held.
Rent posture
The top of the Manhattan rent table: trophy space routinely clears well above the rest of Midtown, and the highest tower floors print above $300 per square foot. Concessions run thinner than the broader market.
Office inventory
61,730,705 SF of office space across 225 office buildings — 147 of them 50,000 SF or larger, averaging a 1960 vintage.
Under 50,000 SF
78 buildings, 1,929,646 SF total, averaging a 1928 vintage.
50,000 to 150,000 SF
48 buildings, 4,540,178 SF total, averaging a 1948 vintage.
150,000 to 500,000 SF
59 buildings, 17,732,467 SF total, averaging a 1963 vintage.
500,000 SF and larger
40 buildings, 37,528,414 SF total, averaging a 1969 vintage.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Average: median of four published market reports, second quarter 2026. They range from $113 to $123. Class A from the one report that publishes it. Outliers exist in every submarket. In the Plaza District, office space can be found in the $40s per square foot, and prime space above $300.
Questions
What does office space cost in the Plaza District?
In the second quarter of 2026, office space in the Plaza District averaged $116 per square foot a year in asking rent, the median of four published market reports. What a tenant signs depends on the building, the floor, the term and the concessions.
What is the office market like in Plaza District?
The Plaza District sits at the top of the Manhattan office market — trophy towers around the southern edge of Central Park commanding the city’s highest rents, leased mostly by finance and law. DLS Commercial Real Estate represents tenants here, negotiating address, view, and terms against a premium, low-vacancy market.
