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Sublet Space Growth Slows in New York and Other Major Cities

Listings in the Big Apple Are Getting Removed From the Market
In Manhattan, sublease space is increasingly being removed from the open market. (CoStar)
In Manhattan, sublease space is increasingly being removed from the open market. (CoStar)
CoStar Analytics
June 10, 2021 | 7:07 P.M.

New York’s recovery is accelerating, with both hotel occupancy and outdoor dining picking up in May. And the rebound is expected to get help from the planned lifting of most restrictions once 70% of adults in New York state are partially vaccinated; the current rate is 69%, according to the latest federal data.

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