# London vs New York: Class A office comparison

> London ($121/sqft, 8.6% vacancy) and New York ($102/sqft, 17.4% vacancy) compete on different axes: London on rent and tax and New York on talent depth.

**Canonical URL:** https://classa.info/compare/london-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: London $121/sqft vs New York $102/sqft.
- Vacancy: London 8.6% vs New York 17.4%.
- Talent index: London 96 vs New York 100.
- Corporate tax: London 25% vs New York 27.5%.
- Premium flex/seat/month: London $1,380 vs New York $1,450.

## Key facts
- **cityA**: London
- **cityB**: New York
- **rentUsdA**: $121
- **rentUsdB**: $102
- **vacancyA**: 8.6%
- **vacancyB**: 17.4%
- **talentA**: 96
- **talentB**: 100
- **taxA**: 25%
- **taxB**: 27.5%

## FAQ
### Is Class A office cheaper in London or New York?
New York is cheaper on a USD basis: $102/sqft vs $121/sqft.

### Which has better talent depth, London or New York?
New York indexes higher on talent depth (100 vs 96).

### Which has more sublease availability, London or New York?
New York carries higher vacancy (17.4% vs 8.6%) and therefore typically more sublease overhang.

### What lease term should I expect in London vs New York?
London typical term is 10 years with 24 months rent-free; New York typical term is 10 years with 14 months rent-free.

### How does transit and commuter access compare?
London: The Elizabeth Line transformed cross-London commute times. Heathrow to Liverpool Street is 35 minutes; Paddington to Canary Wharf is 17 minutes. Crossrail-adjacent assets command a measurable rent premium. 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/london-vs-new-york), updated 2026-04-15T00:00:00.000Z.