NYC Ranks Low Among World\'s Most Expensive Offices
Published by Hedley on Wednesday, July 18 2012 at 6:05 AM
New York might be among the most iconic cities on Earth to rent an office in and London might be second-best. But in fact, neither of these landmark locations is the most expensive place to work in the world.
According to the latest information from CB Richard Ellis, midtown New York falls down to position 18 in the global ranking and downtown New York comes in even lower at number 41. London, on the other hand, comes in at second most expensive for its famous West End district and City of London comes in at number 10.
The most expensive working place in the world is a title that belongs to Hong Kong (pictured) – where the cost of office space far exceeds that of the rest of the world.
In fact, most of the top ten expensive and prestigious places to work are in Asia, fuelling beliefs that the continent is well on its way to becoming to next ultimate global power.
The Most Expensive Cities in the World
The Top 20 on the list identified by CB Richard Ellis is as follows:
1. Hong Kong (Central); 2. London (West End); 3. Tokyo; 4. Beijing (Jianguomen); 5. Moscow; 6. Beijing (Finance Street); 7. Hong Kong (Kowloon); 8. São Paulo; 9. New Delhi (Connaught Place); 10. London (City); 11. Shanghai (Puxi district); 12. Rio de Janeiro; 13. Mumbai (Bandra Kurla); 14. Paris; 15. Sydney; 16. Singapore; 17. Shanghai (Pudong); 18. New York (Midtown); 19. Geneva; 20. Mumbai (Nariman Point)
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