GHOST TOWN: Office Buildings in New York City Set New Record for Emptiness
New York City has a serious and growing problem with empty office space. Between rising crime, high taxes, and the crazy rules of the pandemic a few years ago, people have fled the city in huge numbers.
Now the city is home to a record number of empty office buildings. The lack of revenue from these properties has got to be hurting the city’s bottom line and the policies of the current mayor are not helping.
Who would want to spend millions of dollars to open a new office in Manhattan right now?
The New York Post reports:
Manhattan offices set new record high for emptiness
Big Apple office buildings have never been so empty.