Office Space in the Financial District, Manhattan

Average rates for commercial real estate in the Financial District are significantly lower than in other parts of Manhattan, ranging between $40 and $60 / square foot / year, and there is an impressive variety of choice when it comes to property construction age too, from early 20th century classic architecture to innovative and ground-breaking office buildings like 1 World Trade Center.

The Financial District will suit businesses wanting to be in the company of renowned firms and in the heart of a forward-looking business community. FiDi offers the ideal business address to make a positive first impression on clients. Another positive aspect of being based here are the tax breaks and incentives specific to this area, which include abatements and discounts created to attract further economic activity to the neighborhood and to keep the Financial District at the forefront of the city's economy.

Why You Should Choose the Financial District

Set among soaring skyscrapers and a lively atmosphere, the glass and steel jungle known as the Financial District is one of Manhattan's most iconic neighborhoods. Once here, it is easy to get a sense of what this area meant to the history of the Big Apple, as what is now known as the Financial District played a crucial role in the development of modern New York City.

But the Financial District is not only a business hub: it also has a growing residential population that is helping create an ever-increasing range of shopping, dining, and entertainment options and giving the area a definite flair or revitalization that was much needed after the events of 9/11.

Every year, millions of tourists flock to this part of Lower Manhattan to visit some of the city's top landmarks, including New York harbor, the World Trade Center Memorial, City Hall, 9/11 Tribute Museum, the Charging Bull at Wall Street, Battery Park, and Stone Street Historic District. As a result, the Financial District is always buzzing with people and remains one of the most exciting areas of New York City thanks to its characteristic mix of old charm and modern architecture.

Rent Office Space in Manhattan's Financial District

From a business point of view, there's no denying that this is a place where business ideas take shape. Two important reasons to set up a business here are prestige and affordability. Many of the world's most influential corporations are headquartered here, mostly in high-revenue sectors like finance, banking, and insurance.

In that sense, the Financial District is the nation's economic engine due to the presence of institutions like the Federal Reserve and the New York Stock Exchange, but gradual changes in the local business scene have made it more diverse and opened up possibilities of success to companies involved in a variety of sectors, from advertising to business and personal services.