If current trends hold, the office market in New York City may be on track for a full recovery by July 2022, according to Placer.ai.
The firm's most recent New York City office analysis predicts office visits will continue rising in December, but cautions that "the recovery may stall a bit in January and February 2022 as the cold weather sets in and people accustomed to working from home stay in their comfort zone."
But by March, Placer.ai's Shira Petrack says, office visits are expected to rise yet again, putting the city on track for a complete recovery by summer.
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