Posted Feb 4, 2025, 4:39 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,679
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NEW YORK | City unveils "Race for Space" Initiative
https://www.nyc.gov/office-of-the-mayor/...hensive-strategy-revitalize-reimagine#/0
Mayor Adams Kicks off "Jobs Week" by Releasing Comprehensive Strategy to Revitalize and Reimagine Commercial Office Space, Create Jobs
"Race for Space" Strategy Offers Bold Vision to Energize City's Office Market, Attract National and International Companies as Anchor Tenants to Offices, Advance Ambitious Goal of 50 Million Square Feet of Total Leasing by End of 2025, and Create Thousands of Jobs Over Next Three Years
Announcement Comes as City Celebrates Breaking All-Time High Jobs Record for Eighth Time Since Start of Administration, Unemployment Down Across All Demographics
February 3, 2025
Quote:
New York City Mayor Eric Adams today kicked off "Jobs Week" – highlighting the Adams administration's efforts to ensure job opportunities reach every borough, block, and neighborhood – by unveiling "Race for Space," a comprehensive strategy to revitalize and reimagine office space across the five boroughs and double down on a commitment to bringing New York City's economy back by creating thousands of new jobs for working-class New Yorkers.
Race for Space would attract both national and international companies to become anchor tenants – large, well-known businesses in search of large commercial space – at offices, advance an ambitious goal of 50 million square feet by end of 2025, and create thousands of jobs over the next three years.
The comprehensive strategy meets the challenge of vacant office space across the city directly with a range of bold tools to attract new and growing businesses to New York City, while also renovating existing commercial spaces. Today's announcement comes as the city, last week, celebrated breaking the all-time high jobs record for the eighth time and unemployment going down across all demographics since the start of the Adams administration.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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