This is referring to New Your City. I am not sure how the state is doing but, of course, the City makes up a big piece of the overall.
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Yeah, I think companies leaving NYC will also affect the surrounding cities in some way.
It could. Stamford Ct was a big gainer in the 1970s when a lot of companies moved out.
What I think is something also to consider is corporate downsizing in terms of their real estate. If they have a portion of their staff working remotely, this means a lot less centralized office space.