Flatiron BID Releases Q3 2021 Market Snapshot
According to the report released by the Flatiron 23rd Street Partnership, office leasing activity in both the Flatiron and NoMad districts stabilized during the 3rd quarter of 2021. A continued sign of a “healing market” was reflected in leasing volumes that mirrored pre-pandemic levels for the second consecutive quarter. As of September, 30% of full-time employees returned to the office, representing a 22% increase from August; and new ground floor retail spaces opened, leading to increased pedestrian volume — especially after Labor Day.