At least with the ESB, you’re getting a building that one can actually look at and admire. Modern architects appear to get their architecture degree with a minor in fugliness.
how many migrants have they moved in there?
Maybe. But that will be mostly due to automation or offsourcing.
Commercial real estate numbers are very tricky...tenants are often given discounts that are hidden from the public numbers.
Appraisers who do their job do face to face interviews with a sample of tenants to get the straight story—before crunching any numbers.
I've been hearing that for years now.
As one who works in NYC, I can tell you that the trains going in are now about as crowded as they were prior to the COVID nonsense.
The traffic in the streets (vehicles and pedestrians) is tremendous.
Seems that everybody has been called back to work here.
On July 28, 1945, a B-25 Mitchell bomber of the United States Army Air Forces crashed into the north side of the Empire State Building in New York City while flying in thick fog. The crash killed fourteen people (three crewmen and eleven people in the building), and an estimated twenty-four others were injured. Damage caused by the crash estimated at US$1 million (equivalent to about $16 million in 2022), although the building's structural integrity was not compromised.
https://en.m.wikipedia.org/wiki/1945_Empire_State_Building_B-25_crash
So only one building is doing well and so is the world trade. It is The rest of the city tahr is sucking. Lots of old building no one wants to or can’t rent. ConEd rates are going up again and the off shore wind projects are in trouble. Rats are taking over the city and don’t get me started on cockroaches. Oh, the curse of first world man.
The Grace Building is in trouble unless Kruger can finally get that stain off.
As long as you have a view of the Chrysler Building, the ESB is not bad.
What companies are based in the Empire State Building?
There are currently around 1,000 companies that are based in the Empire State Building, spanning the building’s 102 stories. Some of the most recognizable include Shutterstock, Expedia and LinkedIn, but there is a wide range of different businesses running operations.
Interestingly, despite its emblematic status, the Empire State Building was not always intended to have such large clients. Historically, the building had smaller companies littered across its floors, but this has changed over the last couple of decades.
Some other tenants that currently take up space in the famous building include:
Workday
Media General
Morgan and Morgan
Qatar Airways
Human Rights Watch
Walgreens
Skanska
Not bad for an aging building that was mostly empty for its first 10 years and didn’t turn a profit for 15 years. Democrat corruption kept it afloat as FDR moved federal employees into the building, some relocated from other states.
New York Occupancy RATE?!?
Heck send immigrants buses loads to New York,
90% is considered fully occupied