New York City Mayor Eric Adams unveiled his new “Race for Space” strategy to bring in more businesses and fill the city’s staggering amount of vacant office space.
On Feb. 3, Adams announced that his administration would try to lease 50 million square feet of office space by the end of 2025. Attracting out-of-state businesses to the city, he said, would also create more jobs, which has been a big focus of the Adams administration.
