Manhattan Office Leasing Hits 19-Year High as Return-to-Office Movement Accelerates
New York City’s office market is experiencing a remarkable resurgence with leasing activity reaching levels not seen in nearly two decades. Major corporations including Deloitte and Amazon are driving the boom with significant expansions across Manhattan’s prime business districts.
Manhattan Office Market Reaches Historic Highs
Office work appears to be making a strong comeback in New York City, with businesses leasing more office space than they have in close to a decade, according to reports from commercial real estate firm CBRE. The data suggests that the return-to-office movement is gaining significant momentum in the nation’s business capital.
