Avison Young data shows that Midtown Manhattan's top office corridors are no longer rising together. Hudson Yards and the Plaza District are now the fastest-growing corridors at 6.4% and 7.4% annual rent growth since 2022, while Penn District has cooled to around 2%.

If you're looking at Midtown office space, the Plaza District and Park Avenue remain the priciest and most resilient, driven by finance and legal tenants who aren't going anywhere.