The Spiral, right, was opened in 2023 and  is nearly full with tenants.

The Spiral, right, was opened in 2023 and  is nearly full with tenants.

Photographer: Laurian Ghinitoiu/Cover Images/AP Photo

NYC’s Top Offices Spark a Wall Street Frenzy as Others Sit Empty

In the midst of an office market slump, some Manhattan buildings are so competitive to get into that tenants are battling for space.

There’s rarely been a better time to own a top-quality office building in Manhattan.

The richest financial companies are battling for space, bidding each other out and driving rents into the stratosphere at the best of the best towers. For properties at the other end of the spectrum, the picture is much bleaker, and the difference has never been so stark.