Hudson Yards Draws 15% of Midtown Leasing Activity

So far this year, 15% of the leasing activity in Midtown Manhattan has been concentrated in Hudson Yards and Manhattan West — nearly triple the average over the past four years.

Currently, 73% of the 6.3 million square feet of office space now under construction in Hudson Yards and Manhattan West has been pre-leased.

“Tenants from a variety of industries are choosing new construction with greater efficiency for their real estate needs,” according to JLL Research. The new tenants include companies from technology, advertising, media and information sector; the finance, insurance and real estate sector; the professional business services sector and healthcare.