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Castle Hook Partners Breaks Record for New York Office Rents

Bisnow ·

SLG
SLG SL Green Realty Corp
$48.40 +0.81%
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  1. 1Castle Hook Partners agreed to pay $375 per square foot in rent.
  2. 2As of 2026, 11 companies have agreed to pay more than $300 per square foot for Manhattan office space.
  3. 3Trophy office vacancy rates stood at 4.9% at the end of the third quarter.

So what's the key point?

Castle Hook Partners agreed to pay $375 per square foot for New York office rent. There are now 11 companies paying more than $300 per square foot in Manhattan.

Source Bisnow · View original ↗

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