As they grow accustomed to working from home, many businesses are delaying signing new leases until rents drop and the pandemic passes.
Source: New York Times
Manhattan’s Office Buildings Are Empty. But for How Long?
Published in Co-Working, Coronavirus (2019-nCoV), Economic Conditions and Trends, Empire State Realty Trust Inc, Landlords, Manhattan (NYC), New York City, Real Estate (Commercial), Recession and Depression, Renting and Leasing (Real Estate) and WeWork Companies Inc
More from Co-WorkingMore posts in Co-Working »
More from Coronavirus (2019-nCoV)More posts in Coronavirus (2019-nCoV) »
More from Economic Conditions and TrendsMore posts in Economic Conditions and Trends »
More from Empire State Realty Trust IncMore posts in Empire State Realty Trust Inc »
More from LandlordsMore posts in Landlords »
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 New York CityMore posts in 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 Recession and DepressionMore posts in Recession and Depression »
- N.Y.C. Faces Potential Fiscal Crisis as $10 Billion Budget Deficit Looms
- Artists and musicians are getting a new source for aid in the New York State budget.
- It’s Not Too Late to Discover Louise Meriwether
- After Pandemic, Shrinking Need for Office Space Could Crush Landlords
- Pushed by Pandemic, Amazon Goes on a Hiring Spree Without Equal
More from Renting and Leasing (Real Estate)More posts in Renting and Leasing (Real Estate) »
Be First to Comment