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New York City Companies Seek Office Outposts in Pandemic

Mack-Cali CEO Says Citibank Keeps New Jersey Swing Space, and AIG May Rent Offices in Jersey City
Mack-Cali Realty says insurer AIG is close to a deal to come to Goldman Sachs' office tower on the Hudson River waterfront in Jersey City, New Jersey. (James Hooker/CoStar)
Mack-Cali Realty says insurer AIG is close to a deal to come to Goldman Sachs' office tower on the Hudson River waterfront in Jersey City, New Jersey. (James Hooker/CoStar)
CoStar News
May 7, 2020 | 10:40 P.M.

A major New Jersey commercial landlord said businesses are seeking to decentralize their urban operations outside New York City, the biggest U.S. office market, to adjacent New Jersey for office space as a repercussion of the coronavirus pandemic.

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