Snapshots

Manhattan’s outsized attraction of college-educated professionals will continue to drive office fundamentals

  • As one of the largest job markets in the world with unmatched transit and amenities, Manhattan has attracted more college-educated professionals than any U.S. city since 2016.
  • The island’s rich labor pool is an increasingly important factor for companies making real estate occupancy decisions. With a distinct supply shortage in the national market for labor, Manhattan’s ability to attract high-skilled talent further differentiates the city from its peers.
  • Of particular significance in an increasingly globalizing economy, Manhattan far outperforms other domestic gateway cities in terms of attracting educated international talent.

Source: JLL Research, US Census Bureau

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