1. Sean Black
New York (212)812-5833
sean.black@am.jll.com
Chart of the week More than half of the top 50 largest tech tenants are
located in Midtown
30
27
25
20 19
15
10
5 4
0
Midtown Midtown South Downtown
Source: Jones Lang LaSalle
• 27 out of the top 50 largest tech companies located in New York City are located in Midtown.
• IBM and Microsoft, who have headquarters in Midtown, just signed leases in the fourth quarter to take additional, smaller office
spaces in Midtown South
• Although the tech industry has recently dominated leasing activity in Midtown South, this activity has been focused around smaller
sized tech tenants.