Market Signals
Aggregated office market intelligence — Manhattan, Q1 2026
Founding
21.9M
Total Available SF
↑ 2.8% vs prior period
$78.01
Avg Asking Rent / RSF
↓ 2.3% vs prior period
17.8%
Overall Vacancy Rate
↑ 0.6pts vs prior period
1,500
Active Listings
↑ 142 new this period
25.0%
Sublet as % of Total
↓ 3.2pts vs prior period
138
Avg Days on Market
↓ 11 days vs prior period
10
Firms Contributing
→ All founding members active
3.4M
SF Absorbed This Period
↑ 18% vs prior period
Available Inventory Trend
Total RSF on market — trailing 6 months
Direct vs. Sublet
Share of total available SF
Direct75.0%
Sublet25.0%
Sublet share down 3.2pts QoQ. Declining sublet inventory reflects improving occupier confidence and lease-up of previously marketed tech and financial services space.
Availability by Submarket
All figures per RSF · Founding members see all submarkets · Admins see all · Users see own submarket only
| Submarket | Avail SF | Avg Rent / RSF | Listings | Sublet % | Avg DOM | Trend |
|---|---|---|---|---|---|---|
Grand Central Midtown · Class A/B |
2.9M RSF | $88.50 | 250 | 128 days | ↓ Easing | |
Plaza District Midtown · Class A |
2.9M RSF | $105.33 | 200 | 145 days | ↑ Tightening | |
Times Square Midtown · Class A/B |
3.3M RSF | $76.50 | 223 | 134 days | ↓ Softening | |
6th Ave / Rock Ctr Midtown · Class A |
3.1M RSF | $93.40 | 195 | 131 days | → Stable | |
Penn / Hudson Yards Midtown · Class A |
2.8M RSF | $95.00 | 165 | 118 days | ↑ Tightening | |
Midtown South Midtown South · Class A/B |
2.1M RSF | $84.37 | 180 | 148 days | → Stable | |
Downtown Downtown · Class A/B |
2.5M RSF | $59.08 | 155 | 156 days | ↓ Softening | |
World Trade Center Downtown · Class A |
2.4M RSF | $79.68 | 132 | 152 days | ↓ Softening |
API Access — Market Signal Feed
Founding Only
GET https://api.1mlx.com/v1/signals?market=manhattan&submarket=grand_central&period=90d
Returns aggregated market signal data only. No individual listing records or firm-level data are returned via API. See API documentation for full schema and rate limits.
Pending Founder Vote
Corporate Occupier Access Tier
Access for corporate tenant and occupier organizations is under consideration. Founding members will vote on eligibility, pricing, and data permissions before this tier is activated. No occupier access is available at this time.