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New York Office Boom Expands Skyscraper Building Spree
New York leads a national surge in office space as skyscrapers rise in urban centers across the United States. Vacancy remains around 1.25 percent in the city while about 440 million square feet exist nationwide with 60 million built since WWII. New York adds 36 million square feet in 11 years, with 110 new structures for nearly 296,000 workers and plans for more tall buildings including a 60 story Rockefelle Center–adjacent project and a 46 story Astor Plaza.
MENTIONED IN THIS ARTICLE
New York
Slio
Manhattan
National Assn. of
Real Estate Board of New York
Rockefeller Center
Astor Plaza
Park Avenue
Lexington