When it comes to luring tenants back to the office, not all buildings are created equally. Buildings with amenities, state of the art facilities, and modern construction offer employees a new chapter of hope and excitement for office life. Buildings without the employee friendly amenities are struggling.
In the beginning of the pandemic corporations decided to cut space and enter shorter term leases. In 2021 tenants have changed direction and are moving on-up into Class A buildings. Tenants, who are trying to hire top talent, find the amenities, such as collaboration spaces and huddle areas, are attractive to employees.
Warehouse space demand has also surged – as ecommerce sales grow rapidly, retailers have scrambled to acquire warehouse space with access to the city’s population.
Tenants with an interest in having a New York office are realizing that there is a sense of urgency to get into the best spaces before their competition does.
Contact GE Grace to let an experienced New York team of real estate experts guide you. Call George at 646 312 6800.