How will the office vacancy rate in NYC change by summer 2025?
4
100Ṁ21
Jul 1
26%
Vacancies will increase by more than 2%.
23%
Vacancies will decrease by more than 2%.
50%
Vacancies will remain within 2% in either direction.

The figure will be determined by the May or June NYC comptroller spotlight.

Change will be measured in percentage points. If this topic is not addressed on either spotlight report, this question will be nullified and closed.

2024 spotlight: https://comptroller.nyc.gov/reports/spotlight-new-york-citys-office-market/

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5mo

Can you clarify if the market is specified in percentage changes or percentage point changes?

5mo

@RyanMoulton percentage points, apologies for the ambiguity.

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