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The breakfast meal has recovered to pre-pandemic levels.
The level of commercial/multifamily mortgage debt outstanding increased by $64.8 billion.
Manhattan ranked third among the 12 largest cities in the country for office market recovery.
Concessions landlords are making are bringing in retailers that had steered clear of Manhattan before.
Year-end average rent is now expected to be $999.
There is still a fear the pandemic will drop valuations.
"Just because the price of a piece of property has risen dramatically does not mean its value cannot and will not continue to rise."
"The fact that pedestrian traffic improved so significantly in November from October demonstrates the importance of office workers to downtowns."
The increase in drive-thru and take-out orders since the start of the pandemic has provided a boost.
CRE prices have increased considerably this year, up 12.7% in Q3 compared to 2019.