The new and renovated commercial spaces in New York are in high demand. Jordan Barowitz, VP of public affairs for the Durst Organization, believes the renaissance for the commercial market is right behind the current high demand for New York’s residential market. According to CBRE, leasing activity was up 100% compared to last year at the same time.
The key to bringing back employees are buildings that offer more excitement and amenities than the couch. Those buildings that can’t offer that, will likely not fair as well.
High quality and modern buildings will lead the renaissance for New York’s commercial real estate.
Contact GE Grace if you are interested in amenities for your employees.