Nearly 19 percent of all office space in Manhattan has no tenants — the highest on record — as companies shed leases and embrace remote work.
Source: New York Times
Office Vacancies Soar in New York, a Dire Sign for the City’s Recovery
Published in Coronavirus (2019-nCoV), Coronavirus Reopenings, Economic Conditions and Trends, Facebook Inc, Manhattan (NYC), Partnership for New York City, Real Estate (Commercial), Relocation of Business, Renting and Leasing (Real Estate) and Telecommuting
More from Coronavirus (2019-nCoV)More posts in Coronavirus (2019-nCoV) »
More from Coronavirus ReopeningsMore posts in Coronavirus Reopenings »
More from Economic Conditions and TrendsMore posts in Economic Conditions and Trends »
More from Facebook IncMore posts in Facebook Inc »
More from Manhattan (NYC)More posts in Manhattan (NYC) »
- Ex-State Dept. Official Ordered to Bias Training After Anti-Muslim Rant
- Judge Threatens to Eject Trump From Carroll Trial After His Complaints
- Inside the Hunt for the Gilgo Beach Serial Killer
- A Crumbling New York Garage Collapsed. Dozens More Have Similar Problems.
- NYC Community Boards Usually Oppose New Housing. Not This One.
More from Partnership for New York CityMore posts in Partnership for New York City »
More from Real Estate (Commercial)More posts in Real Estate (Commercial) »
- Adams’s Re-election Bid Fueled by Real Estate Titans and Out-of-Towners
- Hochul and Adams Envision ‘New New York.’ Getting There Is the Trick.
- New York Loosens Rules on Locations for Weed Dispensaries
- A Long Road to Renewal for Former Military Bases
- A Times Square Hotel Was Set To Become Affordable Housing. Then the Union Stepped In.
More from Relocation of BusinessMore posts in Relocation of Business »
- Aperture Foundation Lands a New Headquarters
- F.D.R. and Andy Warhol Came for the Art. Now the Movers Have Arrived.
- Lonely Last Days in the Suburban Office Park
- The Pandemic Flight of Wealthy New Yorkers Was a Once-in-a-Century Shock
- N.Y.C. Companies Are Opening Offices Where Their Workers Live: Brooklyn
More from Renting and Leasing (Real Estate)More posts in Renting and Leasing (Real Estate) »
More from TelecommutingMore posts in Telecommuting »
Be First to Comment