New data shows that July office visits in New York City actually exceeded July 2019 numbers—for the first time since the pandemic began. That puts NYC at the top of the pack among major cities nationwide, even as overall foot traffic across the U.S. remains well below where it was pre-COVID.
Why the rebound? The finance sector has driven a massive push to bring employees back, while new headquarters and corporate hubs—like JPMorgan’s $3 billion skyscraper at 270 Park Ave—signal a bold commitment to office life.
It’s Not Just About Numbers
High-end real estate is hot again: Leasing in trophy buildings like Hudson Yards and Midtown has surged, with top firms snapping up prestigious space fast.
Corporate America is dialing up presence: JPMorgan, Goldman Sachs, Verizon, and others are tightening hybrid policies or expanding office footprints to anchor real estate strategies.
Momentum meets amenities: Luxury office towers and elite buildings are becoming lifestyle destinations—wellness offerings, fine dining, hospitality—not just places to sit at a desk.
NYC’s Office Renaissance
What was once declared dead has come roaring back. New York’s office scene is no mere reprisal—it’s a renaissance. The office isn’t just alive; it’s leading the revival.