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NYC Office Market Snapshot August 2025

Dan Posy | The Office Advisor — Tue, 12 Aug 2025 16:32:15 GMT

The New York office market showed signs of steady resilience in July, with 1.1 million square feet of leasing volume—bringing 2025’s year-to-date total to 16.7 million square feet. That’s 5% higher than the same time last year, despite a noticeable summer slowdown.

Availability fell by 30 basis points to 15.0%, with over 1 million square feet of space coming off the market in July alone.

Continue read for our Market Snapshot August 2025:

Key Sector Trends

TAMI companies—technology, advertising, media, and information—accounted for one-third of July leasing, matching the financial services sector.
Year-to-date, TAMI activity represents nearly one-quarter of total leasing volume, reflecting the sector’s continued importance to New York’s tenant mix.

Commercial Leasing Guide: Every Step From Planning to Commencement

Peter Michailidis | The Office Advisor — Wed, 06 Aug 2025 19:00:56 GMT

At The Office Advisor, we make finding and leasing office space simple. Whether you’re opening your first location or expanding your footprint, our full-service team handles every step—from strategy to move-in—so you can focus on your business.

Here's our commercial leasing guide with every step from planning to commencement:

1. Define Your Requirements

Start by identifying what your business truly needs in a workspace. Our Workplace Strategists will guide you through questions like:

How much office space do I need?
A good rule of thumb is 100–150 square feet per employee, but this depends on your work style, growth plans, and whether you prefer private offices, open space, or hybrid layouts. We’ll help you calculate a size that fits your team today—and tomorrow.
Desired location and access to transit
Budget and operational expenses
Must-have amenities (like parking, fitness centers, or building signage)

Sublease Commercial Office Space: A Guide for Tenants

Peter Michailidis | The Office Advisor — Wed, 06 Aug 2025 18:58:28 GMT

Whether your company is downsizing, consolidating, or repositioning its footprint, subleasing space you no longer need can unlock major savings and flexibility. But the process is far more complex than listing space online. At The Office Advisor, we specialize in helping tenants manage this process with precision—from initial strategy to final lease execution.