Aug 25, 2026 · 39 min · 11 segments
*New York Post* columnist Steve Cuozzo has long been a go-to source for the latest buzz about the goings-on in New York City commercial real estate and its iconic restaurant scene. Cuozzo shares five…
Steve CuozzoGuest.jpg?rev=e39e7f25c6dd4e6a8c9d23ae8e7fc8e6)
Spencer LevyHost.jpg?rev=e39e7f25c6dd4e6a8c9d23ae8e7fc8e6)
Well, sticking with Manhattan for just a moment, and we'll get to Brooklyn and some of the outer boroughs in just a moment.
By the way, I'm from Rego Park in Queens, so we're definitely gonna give a shout-out there, too.
But, uh, you said Manhattan's in great shape, and I'm really glad to hear that, Steve, because it's fair to say that in the last two years the city, which is constantly evolving, may have evolved more in the last two, three years than it has maybe in the prior 10 years, uh, even though COVID was there.
And the reason being is that the office market really took a, took a downturn, but now is coming back in a big way.
It is back and has been back- Fully, at full strength, full throttle for at least a year and a half.
And it, it's funny, yesterday, in a single day, I got emails from publicists promoting this or that district representing either landlords or business improvement districts.
One was Union Square, another was Hudson Square, and the third was East Midtown.
It, it read as if they were all written by the same person, which is that leasing is at peak levels, there's almost no prime space available, the office recovery spilled over into the retail market, and on and on and on.
Remember four years ago, people will never come back to offices, not, not only in New York City, but around the world after COVID, nobody's gonna ever wanna...
Beautiful sunny day, almost nobody out because people were afraid to go out, even in the parks, which were regarded as essentially safe from the virus.
And I would look up at the skyline, the Midtown skyline, and think, "All those office buildings, my God, they're all empty." And they were basically empty.
And I thought, "Someday they're gonna come back." Did I really believe that? It was as much wishful thinking as it was conviction.
Well, sticking with Manhattan for just a moment, and we'll get to Brooklyn and some of the outer boroughs in just a moment.
By the way, I'm from Rego Park in Queens, so we're definitely gonna give a shout-out there, too.
But, uh, you said Manhattan's in great shape, and I'm really glad to hear that, Steve, because it's fair to say that in the last two years the city, which is constantly evolving, may have evolved more in the last two, three years than it has maybe in the prior 10 years, uh, even though COVID was there.
And the reason being is that the office market really took a, took a downturn, but now is coming back in a big way.
It is back and has been back- Fully, at full strength, full throttle for at least a year and a half.
And it, it's funny, yesterday, in a single day, I got emails from publicists promoting this or that district representing either landlords or business improvement districts.
One was Union Square, another was Hudson Square, and the third was East Midtown.
It, it read as if they were all written by the same person, which is that leasing is at peak levels, there's almost no prime space available, the office recovery spilled over into the retail market, and on and on and on.
Remember four years ago, people will never come back to offices, not, not only in New York City, but around the world after COVID, nobody's gonna ever wanna...
Beautiful sunny day, almost nobody out because people were afraid to go out, even in the parks, which were regarded as essentially safe from the virus.
And I would look up at the skyline, the Midtown skyline, and think, "All those office buildings, my God, they're all empty." And they were basically empty.
And I thought, "Someday they're gonna come back." Did I really believe that? It was as much wishful thinking as it was conviction.
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