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What WeWork’s restructuring means for NYC real estate

Posted by Admin on September 11, 2023
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=The future of in-person work was imperiled by a white-collar workforce accustomed to working remotely since the onset of the COVID-19 pandemic. As leading New York-based workspace provider Wework Inc. struggles to restructure, what could bankruptcy mean for real estate in the city? Manhattan’s office vacancy rate reached an all-time high of 22.4% in the…

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