Ground leases provide several distinct advantages that appeal to a wide range of investors, from institutional players to family offices. At their core, these leases involve a tenant leasing land from a landlord for an extended period, often 50 to 99 years, while retaining ownership of any improvements or buildings on the land.

The commercial real estate landscape in Manhattan continues to evolve, shaped by economic shifts, demographic changes, and emerging investment patterns. Understanding these dynamics is essential for investors, property owners, and developers aiming to navigate the market effectively.