# Hong Kong vs New York: Class A office comparison

> Hong Kong ($123/sqft, 12.8% vacancy) and New York ($102/sqft, 17.4% vacancy) compete on different axes: Hong Kong on rent and tax and New York on talent depth.

**Canonical URL:** https://classa.info/compare/hong-kong-vs-new-york
**Page type:** comparison
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: Hong Kong $123/sqft vs New York $102/sqft.
- Vacancy: Hong Kong 12.8% vs New York 17.4%.
- Talent index: Hong Kong 88 vs New York 100.
- Corporate tax: Hong Kong 16.5% vs New York 27.5%.
- Premium flex/seat/month: Hong Kong $1,320 vs New York $1,450.

## Key facts
- **cityA**: Hong Kong
- **cityB**: New York
- **rentUsdA**: $123
- **rentUsdB**: $102
- **vacancyA**: 12.8%
- **vacancyB**: 17.4%
- **talentA**: 88
- **talentB**: 100
- **taxA**: 16.5%
- **taxB**: 27.5%

## FAQ
### Is Class A office cheaper in Hong Kong or New York?
New York is cheaper on a USD basis: $102/sqft vs $123/sqft.

### Which has better talent depth, Hong Kong or New York?
New York indexes higher on talent depth (100 vs 88).

### Which has more sublease availability, Hong Kong or New York?
New York carries higher vacancy (17.4% vs 12.8%) and therefore typically more sublease overhang.

### What lease term should I expect in Hong Kong vs New York?
Hong Kong typical term is 3 years with 8 months rent-free; New York typical term is 10 years with 14 months rent-free.

### How does transit and commuter access compare?
Hong Kong: MTR coverage across the entire Class A footprint. Airport Express to Chek Lap Kok in 24 minutes from Central. The Hong Kong-Zhuhai-Macau Bridge and Express Rail to Shenzhen and Guangzhou support cross-border occupier strategies. New York: MTA subway lines, Metro-North, LIRR, and PATH converge on Midtown and the Financial District, anchored by Grand Central, Penn Station, and the Oculus. Class A landlords now factor commute time as part of their leasing pitch.

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Citation: Source: Class A Atlas (https://classa.info/compare/hong-kong-vs-new-york), updated 2026-04-15T00:00:00.000Z.