Manhattan's office sector is starting to see more demand and continues to recover from the pandemic lows.
The average visitation in June climbed to 77 percent of the 2019 levels, according to data from REBNY Research, which observed 350 buildings in the city. In the previous month, the figure was three percent lower. That 77 percent rate was also the highest on REBNY's record since first posting Placer.ai data in February of last year.
"They have a combined square footage of 225 MSF, representing nearly 50% of Manhattan's office stock," the real state firm said in its report of the buildings.
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