NYC office visits return to pre-pandemic levels for the first time
Summary
Office visits in New York City are now higher than they were before the COVID-19 pandemic, according to data from Placer.ai. The city leads major metropolitan areas in returning to pre-pandemic levels, particularly driven by finance-related businesses.Key Facts
- New York City office visits in July were 1.3% higher than in July 2019.
- Placer.ai tracks foot traffic at 1,000 commercial office buildings across the U.S.
- NYC is the first major city tracked by Placer to show growth in office visits, with Miami also nearing pre-pandemic levels.
- Many finance-related businesses in NYC have enforced return-to-office policies, contributing to the increase.
- Kastle's data shows that Tuesday's office occupancy in NYC was 66% in July.
- Weekly office occupancy, including less-busy days like Fridays, was below 55% in late July.
- Kastle tracks security data from 2,600 buildings in 47 U.S. states.
- There is uncertainty about whether these numbers will drop in August during the vacation season.
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