NYC commercial real estate demand is up, says Newmark’s Hart #shorts #realestate #nyc #returntowork

the end of 2025 to the beginning of 2027, we're expecting a billion and a half of prepandemic lease expirations to occur, the largest we'll see in a decade. So, it'll be a big recalibration in the next year. We look at the tenant demand, 72% of that tenant demand, looking for the same or greater amount of space.So, so far it looks like the contraction period is behind us and we're heading into a period of stabilization. But h how could that be or why would that be since most people are not going back to the ...