One reason the area has struggled is that it has little appeal for young people, says one real estate advisor.
Financial firms and other companies are re-evaluating their real estate footprint in New York.
The change in governors has clouded Wall Street's ability to predict what's to come.
Tech companies so far have been paying the rent and holding onto their space even with most workers at home.
Landlords have been pressing business leaders to bring people back to their offices.
One of New York City’s biggest landlords is ramping up a campaign to bring finance tenants back to their offices.
Some offices in New York City have reopened, though many buildings remain empty.
Investors are showing optimism about Manhattan despite a potentially drawn out recovery.
His company said earlier this month that about a quarter of its retail tenants had paid rent in April.
Hundreds of businesses have missed April payments or sent out relief requests.
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