Midtown South's tenant base is anchored by public and late-stage tech, advertising and pr, creative agencies, professional services satellites.

  • Tier: prime.
  • Tenant character: Tech and creative class HQs north of 14th, south of 34th.
  • Average rent: $92/sqft/yr.

Midtown South, New York tenant profile

Midtown South's tenant base is anchored by public and late-stage tech, advertising and pr, creative agencies, professional services satellites.

TL;DR

  • Tier: prime.
  • Tenant character: Tech and creative class HQs north of 14th, south of 34th.
  • Average rent: $92/sqft/yr.

Who clusters here

Public and late-stage tech, advertising and PR, creative agencies, professional services satellites.

What that means for newcomers

Newcomers to Midtown South should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityNew York
submarketMidtown South
tierprime
averageRentLocal$92/sqft/yr
cityClassARentUsd$102/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What kind of tenants lease in Midtown South?
Public and late-stage tech, advertising and PR, creative agencies, professional services satellites.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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