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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.

Desks at an office in New York.

Photographer: Amir Hamja/Bloomberg

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.