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Message
re: New York commercial real estate office space may contract by 1 million sq ft.
Posted on 12/18/20 at 4:12 pm to Im4datigers
Posted on 12/18/20 at 4:12 pm to Im4datigers
quote:
You do realize that a million square feet of space in new york is nothing right? yes, there is an issue, but that is a drop in the bucket comparatively speaking.
Bingo. I was coming to post that 1 million square feet is like maybe one full tower in NYC. Not making a dent. Not that I disagree with the sentiment, but this should by no means be a headline/story.
New York City has the most office space of any US city by far. With more than 451 million sq/ft of office inventory, New York City contains nearly 11% of the total office inventory in the US. NYC also has 122 million+ sq/ft more office space than any other US city (Washington, D.C. is in second place).
This post was edited on 12/18/20 at 4:16 pm
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