By late winter 2026 Manhattan’s office market was showing a clearer hierarchy as leasing momentum, rising trophy rents and full occupancy at repositioned properties converged, according to market coverage.

Leasing activity accelerated into what reporting described as a strong quarter, with renewed tenant interest and increased deal flow across central Manhattan markets.

High‑profile transactions pushed trophy rents upward: a deal tied to developer Stefan Soloviev was reported to have set a new Manhattan office rent benchmark, underscoring demand for premium product.

Separately, a weekly market note from FNYR and industry coverage pointed to full occupancy at several repositioned buildings, reinforcing the emerging tiering where upgraded assets command outsized demand and pricing.

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