Hudson Yards / Penn Station Retail Space for Rent
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Renting Retail Space in Hudson Yards / Penn Station
This submarket has redefined the western edge of Manhattan, shifting the city's gravitational center. Hudson Yards is effectively 100% leased in its first phase, demonstrating the market's insatiable appetite for LEED Platinum, tech-forward workspaces. In a milestone for 2026, vertical construction is set to begin on 70 Hudson Yards, a 1.4 million-square-foot tower that will serve as the U.S. headquarters for Deloitte (Source: CommercialSearch / Related Cos. & Oxford Properties Capitalization Report, Jan 2026). The submarket will transition from a "construction zone" to a stabilized corporate powerhouse. The completion of nearly $2.5 billion in financing for the next phase of Hudson Yards signals a massive vote of confidence from institutional lenders like Wells Fargo and Bank of America. By late 2026, the area will be a primary focus for international buyers who view these new-build, carbon-neutral towers as the safest long-term store of value in the U.S. (Source: CommercialSearch / NYREJ Luxury Trends 2026).
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Suite Rates in Hudson Yards / Penn Station
Suite Sizes in Hudson Yards / Penn Station
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
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*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.