Will Manhattan's Q4 2026 office vacancy rate be below 18%?

Q4 2026 If Cushman & Wakefield reports that Manhattan’s overall office vacancy rate for Q4 2026 is below 18.0%, then the market resolves to Yes. The Underlying is the Manhattan overall vacancy rate reported in Cushman & Wakefield’s Q4 2026 Manhattan Office MarketBeat, covering the overall Manhattan office market. Subsequent revisions will not affect resolution. For reference, the same metric was 21.1% in Q4 2025, 19.9% in Q1 2026, and 19.3% in Q2 2026. This market will close and expire early