NYC Skyscrapers Sit Vacant, Exposing Risk City Never Predicted
- City says vacancy rate won’t dip below 19% before 2026
- Office vacancies hit a record 22.7% this year amid remote work
Desks at an office in New York.
Photographer: Amir Hamja/BloombergThis article is for subscribers only.
The atrium at 60 Wall Street was once a thoroughfare for thousands of Deutsche Bank AG employees.
These days it’s eerily quiet even during rush hour on a weekday morning. The occasional pedestrian crosses between Pine Street and Wall Street, the cavernous space utilized as a subway exit or a place to nap at one of the unused bistro tables.