Manhattan Office Leasing Surges to Two-Decade High, AI Drives Uptick

TL;DR Summary
Manhattan office leasing climbed to 11.02 million sq ft in Q2, 29.4% above the 5-year average and 31.3% above the 10-year average, signaling the strongest demand in more than two decades for the first half of the year, with AI leasing reaching 800k sq ft in Q2, the largest quarterly AI-only increase and surpassing all AI leasing in Manhattan for 2025.
- Manhattan office leasing sees strongest gains in 20 years CNBC
- Best First Half For NYC Offices Since 2002 Puts Landlords Back In Control Bisnow
- New York City’s top office leases in June 2026 The Real Deal
- Manhattan sublease space disappearing thanks to AI firms New York Post
- News | Manhattan office leasing stays white hot in 2026 CoStar
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