Law firms are taking a lead role in filling New York City’s all-too-empty office buildings, thanks to an insistence that attorneys must stop working from home.
The legal business rivals the financial sector as the most active Manhattan lessors in the past two quarters, real estate firm Savills said in a report. The two sectors accounted for more than half of leasing activity in the third quarter, according to Savills.
Source: Wall Street Law Firms Lift NYC Real Estate With Return to Office