Office space demand is up, fewer CEO’s plan to reduce CRE footprint

The office space demand rebound isn’t a surprise to all. Choice New York Cos. CEO Michael Feldman was confident last year that New York’s office situation would improve.

“At some point, we’re going to have our arms wrapped around this thing,” Feldman said at the time. “And most things will go back normal. To me, it is going to look more like the old normal than most people think.”