{"id":30992,"date":"2026-04-29T13:16:15","date_gmt":"2026-04-29T17:16:15","guid":{"rendered":"https:\/\/www.lee-associates.com\/new-york\/?p=30992"},"modified":"2026-04-29T13:16:15","modified_gmt":"2026-04-29T17:16:15","slug":"manhattan-office-recovery-tenants-landlords-bisnow","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/new-york\/2026\/04\/29\/manhattan-office-recovery-tenants-landlords-bisnow\/","title":{"rendered":"Manhattan Office Recovery: What Tenants Want in 2026"},"content":{"rendered":"<p>The <strong>Manhattan office recovery<\/strong> is leading the nation, with office foot traffic now only 5.5% lower than pre-pandemic levels. In a new Bisnow Studio B feature, Lee &amp; Associates examines what&#8217;s driving the rebound \u2014 and what tenants and landlords are doing to capitalize on it. The <strong>Manhattan office recovery<\/strong> has pushed Q4 vacancy to a five-year low of 13.9%, with 10M SF leased in the quarter alone.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"><strong>Bisnow Studio B: Manhattan Office Recovery Reshapes Tenant &amp; Landlord Strategy<\/strong><\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Lee &amp; Associates Principals and Executive Managing Directors <strong>Dennis Someck<\/strong> and <strong>Justin Myers<\/strong> were featured in a Bisnow Studio B piece exploring the surprising speed of Manhattan&#8217;s office rebound. With Q4 leasing topping 10M SF and vacancy dropping to a five-year low of 13.9%, the conversation has shifted from &#8220;if&#8221; tenants will return to <em>how<\/em> landlords can keep them.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"><em>&#8220;No one expected New York to rebound as quickly as it has,&#8221;<\/em> Someck told Bisnow. <em>&#8220;If you looked at this six or eight months ago, no one would have thought this is what would happen.&#8221;<\/em><\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Myers noted that the scarcity of Class-A and A-plus space is now pushing tenants into renovated Class-B buildings, while finance firms gravitate toward Midtown, Hudson Yards, and Grand Central, and AI companies favor NoMad, Flatiron, and SoHo.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">\ud83d\udd17 <strong>Read the full feature on Bisnow:<\/strong> <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.bisnow.com\/new-york\/news\/office\/lee-associates-new-york-office-landlords-tenants-studiob-133232\">New York Office Is On An Upswing. What Are Companies Looking For, And How Can Landlords Keep Them?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Manhattan office recovery is leading the nation, with office foot traffic now only 5.5% lower than pre-pandemic levels. In a new Bisnow Studio B feature, Lee &amp; Associates examines what&#8217;s driving the rebound \u2014 and what tenants and landlords are doing to capitalize on it. The Manhattan office recovery has pushed Q4 vacancy to a five-year low of 13.9%, with 10M SF leased in the quarter alone. Bisnow Studio B: Manhattan Office Recovery Reshapes&#8230;<\/p>\n","protected":false},"author":203,"featured_media":30822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,21,27],"tags":[91,81,82,89,87,85,84,80,90,76,29,86,77,78,79,88,92,83],"class_list":["post-30992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-office","category-press","tag-bisnow","tag-class-a-office","tag-class-b-office","tag-dennis-someck","tag-flatiron","tag-grand-central","tag-hudson-yards","tag-hybrid-work","tag-justin-myers","tag-manhattan-office-market","tag-midtown","tag-nomad","tag-nyc-office-recovery","tag-office-leasing","tag-return-to-office","tag-soho","tag-studio-b","tag-sublease-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Manhattan Office Recovery: What Tenants Want in 2026 - Lee &amp; Associates New York City<\/title>\n<meta name=\"description\" content=\"Manhattan office recovery hits a 5-year vacancy low at 13.9% with 10M SF leased in Q4. 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