{
  "url": "https://classa.info/cities/new-york/fund-strategy-and-flag",
  "title": "New York office fund strategy and flag",
  "description": "Which New York submarkets carry the strongest investor flag for institutional fund strategies.",
  "oneSentenceAnswer": "For institutional fund strategies, Midtown carries the strongest investor flag in New York, with prime yields around 5.6%.",
  "tldr": [
    "Trophy submarket (Midtown) carries the strongest investor flag.",
    "Prime yield: 5.6%.",
    "Core funds buy income; value-add buys repositioning of secondary stock.",
    "Cap-rate spread between trophy and secondary has widened post-2022."
  ],
  "keyFacts": {
    "city": "New York",
    "country": "United States",
    "region": "Americas",
    "classARentLocal": "$102/sqft/yr",
    "classARentUsd": "$102/sqft/yr",
    "vacancy": "17.4%",
    "typicalLeaseYears": 10,
    "typicalRentFreeMonths": 14,
    "submarkets": 7,
    "primeYieldPct": "5.6%",
    "primeYield": "5.6%",
    "trophyAnchor": "Midtown"
  },
  "faqs": [
    {
      "question": "Where do core funds buy in New York?",
      "answer": "Trophy submarket — Midtown — and the most defensible long-WAULT assets within it."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/new-york/fund-strategy-and-flag), updated 2026-04-15T00:00:00.000Z."
}