In a discouraging sign for an office market itching to recover from COVID-19, one-third of major employers in New York City now say they expect they will need less office space in the next five years.
One-Third of Major New York Employers in Survey Expect To Cut Office Needs in Next Five Years
Some 13% of Companies Also Plan To Cut New York-Based Workforce, New Study Says
By Andria Cheng
CoStar NewsNovember 10, 2021 | 10:17 P.M.
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