On average, listings lease in the $60's per square foot per year. The Tribeca region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the New York City market, the Tribeca region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 100 listings have been made available, so you'll want to check back regularly for new listings. About 63% of the listings in the Tribeca are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,260 sqft. Most properties in this area are close to 6 floors. Most buildings in this market were built in 1915 and are Class A.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Most of the residents of Tribeca work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.