Manhattan’s office market recorded its strongest first half of leasing demand in more than two decades, according to the latest Colliers Q2 2026 Manhattan Office Market Report. Office leasing volume reached 11.02 million square feet in the second quarter, exceeding the five-year quarterly average by 29.4% and the ten-year average by 31.3%. Total leasing activity during the first half of 2026 reached 22.80 million square feet, representing a 10.5% increase from the same period

The Manhattan office market is experiencing an unprecedented resurgence, positioning itself for its strongest year of leasing activity in over two decades. According to the latest market report from Colliers, leasing activity during the first five months of 2026 has surged to levels not seen since the dot-com boom of 2000, signaling a robust recovery in tenant demand. Leasing volume in Manhattan reached a staggering 15.8 million square feet from January through May, represent