NYC’s Financial District Faces Office Glut as Tenant Exits Loom
- Manhattan has been battered with workers staying home
- Companies looking to trim costs are trying to shed space
Photographer: Drew Angerer/Getty Images
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New York’s Financial District is suffering as a glut of office space builds with the pandemic keeping workers home.
JPMorgan Chase & Co. is the latest high-profile tenant to look for an exit from the neighborhood, a historic part of lower Manhattan that is home to the New York Stock Exchange and Federal Reserve.