Leasing data show Manhattan offices booming despite fears of a “socialist” mayor

Real estate executives in a board room overlooking the New York skyline.

New Yorkโ€™s new “socialist” mayorโ€“elect is generating plenty of panic on X, but the office market is telling a different story. Manhattan is on pace to top 40 million square feet of leasing for the first time since 2019, while conversions quietly shrink supply and flagship towers fill with long term corporate commitments.

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A billionaire in a candy store meeting a business owner

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