{
  "url": "https://classa.info/compare/new-york-vs-toronto",
  "title": "New York vs Toronto: Class A office comparison",
  "description": "Side-by-side Class A office comparison for New York and Toronto — rent, vacancy, talent, tax, lease norms, transit, and top submarkets.",
  "oneSentenceAnswer": "New York ($102/sqft, 17.4% vacancy) and Toronto ($58/sqft, 17.6% vacancy) compete on different axes: New York on talent depth and Toronto on rent and tax.",
  "tldr": [
    "Class A rent: New York $102/sqft vs Toronto $58/sqft.",
    "Vacancy: New York 17.4% vs Toronto 17.6%.",
    "Talent index: New York 100 vs Toronto 80.",
    "Corporate tax: New York 27.5% vs Toronto 26.5%.",
    "Premium flex/seat/month: New York $1,450 vs Toronto $920."
  ],
  "keyFacts": {
    "cityA": "New York",
    "cityB": "Toronto",
    "rentUsdA": "$102",
    "rentUsdB": "$58",
    "vacancyA": "17.4%",
    "vacancyB": "17.6%",
    "talentA": 100,
    "talentB": 80,
    "taxA": "27.5%",
    "taxB": "26.5%"
  },
  "faqs": [
    {
      "question": "Is Class A office cheaper in New York or Toronto?",
      "answer": "Toronto is cheaper on a USD basis: $58/sqft vs $102/sqft."
    },
    {
      "question": "Which has better talent depth, New York or Toronto?",
      "answer": "New York indexes higher on talent depth (100 vs 80)."
    },
    {
      "question": "Which has more sublease availability, New York or Toronto?",
      "answer": "Toronto carries higher vacancy (17.6% vs 17.4%) and therefore typically more sublease overhang."
    },
    {
      "question": "What lease term should I expect in New York vs Toronto?",
      "answer": "New York typical term is 10 years with 14 months rent-free; Toronto typical term is 10 years with 18 months rent-free."
    },
    {
      "question": "How does transit and commuter access compare?",
      "answer": "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. Toronto: TTC subway plus GO Transit commuter rail converge at Union Station. The PATH connects most Financial Core assets underground."
    }
  ],
  "pageType": "comparison",
  "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/compare/new-york-vs-toronto), updated 2026-04-15T00:00:00.000Z."
}