New York's trophy roster is anchored by One Vanderbilt, Hudson Yards 50, 270 Park Avenue.
New York's trophy roster is anchored by One Vanderbilt, Hudson Yards 50, 270 Park Avenue.
**One Vanderbilt** (Midtown) — 77 floors, ~1700k sqft, completed 2020, LEED Gold. Direct connection to Grand Central. Defining trophy asset of the cycle. **Hudson Yards 50** (Hudson Yards) — 58 floors, ~2900k sqft, completed 2022, LEED Gold. BlackRock anchor. Defines the Far West Side trophy tier. **270 Park Avenue** (Midtown) — 60 floors, ~2500k sqft, completed 2025, LEED Platinum. JPMorgan Chase global HQ. All-electric. **550 Madison Avenue** (Midtown) — 36 floors, ~850k sqft, completed 2023, LEED Gold. Reimagined former AT&T Building. **One Manhattan West** (Hudson Yards) — 67 floors, ~2100k sqft, completed 2019, LEED Gold.
| city | New York |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 102 USD/sqft/yr |
| classARentUsd | $102/sqft/yr |
| vacancy | 17.4% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 14 |
| submarkets | 7 |
| primeYieldPct | 5.6% |
| trophyBuildings | 5 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.