Manhattan’s Office Buildings Are Empty. But for How Long?
As they grow accustomed to working from home, many businesses are delaying signing new leases until rents drop and the pandemic passes.
Even as the coronavirus pandemic appears to recede in New York, corporations have been reluctant to call their workers back to their skyscrapers and are showing even more reticence about committing to the city long term.
Fewer than 10 percent of the New York’s office workers had returned as of last month and just a quarter of major employers expect...