Скачать или смотреть Not What You Expect: A Recession's Impact on New York City Commercial Real Estate May Surprise You

As the economic outlook worsens and the labor market continues to change, there are many questions we have to answer about the potential impact on the New York City commercial real estate market.

No matter what anyone says, recession risks are mounting as the pandemic’s impact on commercial real estate wanes.

The effects on New York City’s commercial office space and retail space market will be notable. All you have to do is to look at the 2008 financial crisis and 2020 shutdowns to find potential parallels.

However, 2022 is different. This recession could counterintuitively benefit New York City commercial real estate for various reasons.

How?

In this video, I answer this question and examine a recession's potential short-term and long-term effects on New York City's labor and commercial real estate market.

I will be uploading videos at regular intervals from this point on - please look forward to more interesting content in the future!
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  / metromanhattan  
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View office space listings in Manhattan and learn about NYC commercial real estate here:
https://www.metro-manhattan.com
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00:00 Returning to the office
00:46 Recession effects on commercial and retail office space
02:30 Comparing the 2008 recession
04:10 The pandemic’s impact
05:50 Employers may end remote work
06:35 Manhattan office leasing doubled
07:55 Demand for office and retail space
08:23 Closing thoughts
08:55 Thanks for watching!