Manhattan had 463.8 million square feet of office space, in 2021, nearly 11 percent of all office space in the nation, according to figures from the New York state comptroller. More than 250,000 businesses are in New York City, and office workers account for a third of all jobs in the ...
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The national office vacancy rate hit a record 19.8% in the first quarter of 2024, according to a preliminary report from Moody’s Analytics. And it could ge...