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For a VACANT OFFICE to BE Lakecountyindems  Form

For a VACANT OFFICE to BE Lakecountyindems Form

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HAVING THE WORST MONTH FOR NEW LEASES SINCE 2021. THE RETURN TO OFFICE APPEARS TO HAVE STALLED JOINING US FOR WHAT IT MEANS FOR THE ECONOMY IS ROBERT FRANK. THIS IS COUNTER TO WHAT WE HAVE BEEN HEARING FROM REAL ESTATE PEOPLE, AT LEAST RECENTLY. >> YEAH, THINGS WERE GETTING BETTER FOR A LITTLE WHILE OR LOOKED LIKE THEY MIGHT, BUT THAT SORT OF FIZZLED OUT AFTER SEPTEMBER. THERE'S NOW OVER 100 MILLION SQUARE FEET OF EMPTY OFFICE SPACE OR LEASABLE SPACE IN MANHATTAN, AND THAT IS EQUAL TO 40 EMPIRE STATE BUILDINGS OF VACANT SPACE NOW ONLY HALF OF MANHATTAN'S OFFICE WORKERS ARE BACK IN THE OFFICE AND THAT'S UNCHANGED SINCE SEPTEMBER. THE BIG WORRY NOW IS LAYOFFS, ESPECIALLY IN TECH META, AMAZON, GOOGLE AND TWITTER, THEY WERE THE BIGGEST LEASERS OF NEW SPACE DURING THE PANDEMIC, AND NOW META IS LAYING OFF OVER 800 EMPLOYEES IN NEW YORK, AND VACATING OVER 250,000 SQUARE FEET OF NEW SPACE IT JUST TOOK OVER IN HUDSON YARDS. TWITTER LAYING OFF OVER 400 PEOPLE IN MANHATTAN AND UNCLEAR

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