Lease Plaza District Office Space

Optimal Spaces, May 13, 2012

Lease Plaza District Office Space in New York
Floor
Monthly Rent
E 17
$ 110.00 / SF
6,900
$ 63,351
P 5
$ 42.00 / SF
2,800
$ 9,657
P 6
$ 45.00 / SF
1,800
$ 6,930
P 3
$ 48.00 / SF
2,600
$ 10,284
P 2
$ 54.00 / SF
3,700
$ 16,727
P 18
$ 55.00 / SF
3,500
$ 15,932
P 11
$ 55.00 / SF
7,600
$ 34,765
P 18
$ 59.00 / SF
4,900
$ 24,224
P 14
$ 60.00 / SF
8,700
$ 43,535
PENT
$ 62.00 / SF
4,500
$ 23,054
E 30
$ 64.00 / SF
9,700
$ 51,611
P 15
$ 65.00 / SF
7,800
$ 42,293
P 4
$ 70.00 / SF
6,900
$ 39,993
P 27
$ 78.00 / SF
2,600
$ 17,115
P 16
$ 78.00 / SF
1,500
$ 9,458
P 26
$ 79.00 / SF
4,500
$ 29,809
E 37
$ 80.00 / SF
4,000
$ 26,373
P 21
$ 85.00 / SF
4,700
$ 33,320
P 9
$ 89.00 / SF
4,100
$ 30,356

"Plaza District" Manhattan

The "Plaza District", a term used by New York Commercial Real Estate Brokers to denote the most expensive area of Midtown from a commercial real estate perspective, lies between 42nd Street and 59th Street, from Third Avenue to Seventh Avenue, about a square kilometer or half a square mile.