Meta, Amazon bail on NYC office expansions – Robert Khodadadian

Two tech titans appear to be retreating from office expansions in the Big Apple. Both Meta and Amazon are backing away from their plans to expand in New York City, Bloomberg reported. Neither has signaled any intent to eliminate space they already have in the city, but are backing off potential deals to add space. Meta, the parent company of Facebook, was reportedly planning on taking 300,000 square feet of additional space at Vornado Realty

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, amazon, Manhattan Office Market, Meta, Office Leasing The Real Deal New York Read More