New York City Commercial Real Estate 2026Updated

List of Commercial Tenant Representation Brokers in New York City

Comprehensive directory of commercial real estate brokers in NYC who exclusively represent tenants in office, retail, and industrial lease negotiations — ideal for finding conflict-free advocacy before signing or renewing a lease.

Available Data Fields

Brokerage Firm Name

Office Address

Phone Number

Website

Specialization

Tenant-Only Firm

Year Established

Key Brokers

Neighborhoods Covered

Property Types

Notable Clients

REBNY Membership

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Firm	Specialization	HQ	Coverage
Savills	Tenant-Only Advisory	399 Park Avenue, Manhattan	Midtown, Downtown, Hudson Yards
Hughes Marino	Tenant Representation	1407 Broadway, Manhattan	All NYC Boroughs
Metro Manhattan Office Space	Tenant-Only (Office)	1185 Avenue of the Americas	Midtown, Midtown South, Downtown
Cogent Realty Advisors	Tenant-Only (Office & Retail)	1 Pennsylvania Plaza, Manhattan	Manhattan, Outer Boroughs
Cushman & Wakefield	Tenant Representation (Full-Service)	1290 Avenue of the Americas	NYC Metro Area

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Finding the Right Tenant Representation Broker in New York City

New York City is the largest commercial real estate market in the United States. Manhattan alone recorded over 31.7 million square feet of office leasing activity in the first nine months of 2025, exceeding pre-pandemic levels. In a market this complex, tenant representation brokers serve as essential advocates for businesses negotiating leases.

Why Tenant Representation Matters in NYC

In New York City, the landlord pays the entire brokerage commission, meaning tenants get professional representation at no direct cost. Despite this, many businesses still negotiate directly with landlord-side brokers — a significant disadvantage given the information asymmetry in commercial real estate.

A tenant rep broker exclusively advocates for the occupier, handling site selection, market analysis, lease negotiation, and renewal strategy. The distinction between a tenant-only firm (no landlord clients) and a full-service firm that offers tenant representation is important: tenant-only firms eliminate any potential conflict of interest.

Market Landscape

Firm Type	Examples	Typical Client
Global Full-Service	CBRE, Cushman & Wakefield, JLL, Newmark	Enterprise tenants, multi-market deals
Tenant-Only National	Savills, Hughes Marino	Mid-market to enterprise, conflict-free advisory
NYC Boutique Tenant-Only	Metro Manhattan, Cogent Realty, Redwood Property Group	SMBs, startups, local businesses

Key Neighborhoods for Commercial Leasing

Midtown Manhattan: The densest office market globally. Class A towers along Park Avenue, Sixth Avenue, and the Plaza District command premium rents above $80/sq ft.
Hudson Yards / Manhattan West: NYC's newest office district with modern Class A+ inventory. Major tenants include technology and financial services firms.
Midtown South (Flatiron, Chelsea, NoMad): Favored by tech, media, and creative firms. Asking rents typically $60–$80/sq ft.
Downtown / FiDi: Post-pandemic recovery has brought competitive pricing. Large floor plates and transit access attract financial and professional services tenants.

What to Look for in a Tenant Rep

Beyond the standard criteria of experience and market knowledge, NYC-specific factors include:

Building-level intelligence — relationships with landlords, knowledge of upcoming vacancies before they hit the market
Lease audit capability — NYC commercial leases are notoriously complex, with escalation clauses, operating expense pass-throughs, and tax provisions
Incentive negotiation — tenant improvement allowances, free rent periods, and early termination options vary widely by submarket

Frequently Asked Questions

Q.Does a tenant rep broker cost anything in NYC?

No. In New York City commercial real estate, the landlord pays the entire brokerage commission. This is built into the rent structure, so you receive professional representation at no additional cost to you.

Q.How is this data collected?

When you request a list, our AI crawls the web in real time to gather current information from public sources including brokerage websites, REBNY directories, and commercial real estate platforms. This is not a static database — data is freshly collected at request time.

Q.What is the difference between a tenant-only firm and a full-service firm?

A tenant-only firm (like Savills or Hughes Marino) never represents landlords, eliminating conflicts of interest. A full-service firm (like CBRE or Cushman & Wakefield) represents both sides but maintains separate tenant rep teams. Both models are common in NYC.

Q.Can I filter for brokers in a specific neighborhood?

Yes. You can specify neighborhoods like Midtown, Hudson Yards, FiDi, Midtown South, or outer boroughs. You can also filter by property type (office, retail, industrial) and lease size.

Q.Does the list include brokers licensed in New York State?

The data is sourced from publicly available information. Most listed brokers will be licensed through the New York Department of State, but we recommend verifying license status directly with the state for any broker you engage.