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Big Business Keeps Betting on NYC | New York City News
Published 1 week, 1 day ago
Description
Despite political chatter about taxing big business, New York’s office market is booming as giants like Bank of America and L’Oreal lock in massive leases, AI startups flood the scene, and vacancy rates plummet. With rents up 6% and demand spanning finance, tech, and consumer goods, real estate leaders say the city’s appeal for talent and innovation is undeniable — even as debates over corporate taxes rage on.
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