The Best Deal in Town | Downtown Alliance

The Best Deal in Town

With space available in more than 8 million square feet of new and renovated office buildings and opportunities for creative and modern fit-outs, Lower Manhattan has the space you’re looking for.

Lower Manhattan office space is one of the best deals in town. Many great options are available in a remarkable range of building types allowing for a variety of different office configurations and styles. Asking rents start in the $50’s and offer huge discounts of nearly 30% over Midtown Manhattan. Premiere space in brand new or completely refurbished Class A buildings is also available at significant discounts compared to similar properties in Midtown and Midtown South.

In addition, several unique tax incentives are available to businesses locating and growing in Lower Manhattan. These include reductions in the real estate taxes, sales tax exemptions and tax credits for job growth and relocation. See our incentives page for more details.


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