AI Companies Boost New York Office Leasing to Decade High

AI companies are increasingly securing office space in New York, contributing to the city's strongest year for office leasing in over ten years. Bloomberg posted on X, highlighting the trend as AI firms expand their operations, requiring more physical space for human employees. This surge in demand is revitalizing the office leasing market, which had been sluggish in previous years. The influx of AI companies is seen as a significant factor in driving the city's commercial real estate sector forward, marking a notable shift in the urban business landscape.