When office buildings emptied out during the COVID-19 pandemic, some people thought that New York’s commercial real estate market would never return to its former glory.

However, new data shows that office buildings in the Big Apple are heading towards a remarkable recovery.

New data from the real estate technology platform View The Space found that demand for office space in the city rose by nearly 40% in 2023.

This puts demand at 75% of pre-pandemic levels in the city.

Meanwhile, demand for office space nationwide is only at 55% of pre-pandemic levels.

Pierre Debbas, a managing partner at the city real estate law firm Romer Debbas, joined anchor Rocco Vertuccio Sunday morning on NY1 to talk about commercial real estate trends.