# Asset management office space in New York

> Asset management occupiers in New York typically cluster in Midtown, plan ~230 sqft per seat at trophy fit-out ($340–525/sqft), and pay around 102 USD/sqft ($102 USD) on Class A.

**Canonical URL:** https://classa.info/cities/new-york/industries/asset-management
**Page type:** city-industry
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Preferred submarket: Midtown.
- Typical fit-out spec: Trophy ($340–525/sqft).
- Plan ~230 sqft per seat for headcount sizing.
- Class A rent context: 102 USD/sqft ($102 USD).
- Typical lease: 10 years with 14 months rent-free.
- Talent depth in New York: 100/100.

## Key facts
- **city**: New York
- **industry**: Asset management
- **naics**: 523930, 523920
- **preferredSubmarket**: Midtown
- **preferredFitoutSpec**: Trophy
- **fitoutBand**: $340–525/sqft
- **sqftPerSeat**: 230
- **classARentLocal**: 102 USD/sqft/yr
- **classARentUsd**: $102/sqft/yr
- **vacancyPct**: 17.4%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 14
- **talentIndex**: 100
- **corporateTaxPct**: 27.5%

## FAQ
### Where do asset management occupiers lease office space in New York?
Most cluster in Midtown. Rent runs ~102 USD/sqft ($102 USD) for trophy and prime stock.

### What fit-out spec do asset management occupiers run in New York?
Typically trophy at $340–525/sqft.

### How much office space per seat should a asset management occupier plan in New York?
Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

### What NAICS codes describe the asset management vertical?
Representative NAICS 2022 codes: 523930, 523920.

### What is the talent index in New York?
100/100. Use the city profile for full detail.

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Citation: Source: Class A Atlas (https://classa.info/cities/new-york/industries/asset-management), updated 2026-04-15T00:00:00.000Z.