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Among those that have inked deals in the last three months are Bank of America, two of the top 50 law firms in the country and artificial intelligence giant Anthropic.
This could be the strongest year for Manhattan’s office market since 2000 if current leasing trends hold, according to real estate brokerage Colliers. Office vacancies are declining while asking rents are rising.
“When companies are making 10-, 15- and 20-year real estate decisions,” Real Estate Board of New York President James Whelan told The City Reporter, “they are betting on where they believe talent, innovation and opportunity will be concentrated in the future.”
Mayor Zohran Mamdani, a democratic socialist who has criticized large corporations and landlords, is using the buzz of activity to tout the “strength of the fundamentals of our city’s economy.”
Heads up, Red Hook: The Parks Department is holding a community meeting tonight about the Red Hook Pool, which remains closed due to mechanical issues found just before its opening this season.
Workers discovered the issues in late June after the filter plant flooded. The city is buying four motors and electrical panels and equipment for repairs, according to a department spokesperson.
The pool is expected to open by the end of July. Tonight’s meeting starts at 6 p.m. and will be held at the Red Hook Recreation Center.
The nearly century-old Olympic-sized pool was closed for most of last summer after a decades-old pipe crumbled when workers started to fill it with water. Like last year, the Parks Department has activated the spray shower at the pool to keep people cool and is encouraging swimmers to check out other Brooklyn pools, including those in Gowanus and Sunset Park.
City pools opened in late June, but last week’s heat wave strained capacity with long waits just to get inside. Two children collapsed in the heat while waiting to get into Williamsburg’s McCarren Pool.
Thursday, July 9: New Orleans’ Rebirth Brass Band plays outdoors in Lower Manhattan as part of the annual River & Blues concert series. Free, Wagner Park, 6:30-9 p.m.
Friday, July 10: Check out an in-depth tour of a Battle of Brooklyn exhibit in the borough where the famous Revolutionary War battle took place. Free, Center for Brooklyn History, 3-4 p.m.
THE KICKER: A plumber for the city’s public housing authority who made more than $465,000 in a year with overtime — while seemingly running two private plumbing businesses — is under investigation over his work practices.
Thanks, as always, for reading. Make it a great Thursday.
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