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Manhattans pandemic-pummeled office market is headed for a spectacular rebound — and not only landlords, but business advocates and eatery owners are thrilled.

Although the Manhattan office market hit bottom in 2023 with more than 20% vacancy rate, the short-term future looks rosier, according to a new report from national real estate technology platform VTS.

Its latest quarterly Office Demand Index (VODI) found that demand for space in the Big Apple rose nearly 40% in 2023 over the previous year — lifting demand to 75% of pre-pandemic times.

By comparison, office space demand grew by only an average 19.6% around the US. The New York City market is the nations largest by far with nearly a half-billion square feet. Runner-up Los Angeles has only 317 million square feet and much-in-the-news Miami  a mere 41 million square feet, according to brokerage CBRE.

VTS chief strategy officer Ryan Masiello said its data tends to lead the market by six to nine months. 

Our prediction is that this year, New York City will break 30 million square feet of total leasing, the highest since before the pandemic, he said.

New York City saw nearly 43 million square feet of new leases, expansions and renewals in 2019. 

Deals made in 2023 totaled 26 million square feet according to CBRE, which was 11% lower than in 2022.

The VTS numbers dont reflect actual new leases and expansions, but rather the amount of space that companies are seeking.

Its data is based on lease proposals, company visits to “kick tires” at office buildings and other types of information VTS gets from its client landlords, which Masiello said constitute 80% of the market.

CBRE tristate CEO Mary Ann Tighe commented that the  VTS data affirm what our  own research is seeing and what our brokers feel on the ground.

Kathryn Wylde, president of the Partnership for New York City business-advocacy organization, said the findings were consistent with anecdotal evidence from our members, many of whom are re-upping leases  or moving to newly renovated or brand new spaces.”

She noted, Financial and professional services industries, which are our  major office employers and tenants, account for an out-sized share of the tax revenues that fund municipal services.

Keeping those businesses and their employees in the city  are not just good for our economy, but essential for the quality of life across all five boroughs.

Several deals that were in the works last year actually got done this week. 

Sources told The Post  that Barclays Bank renewed its lease for 1.1 million square feet at  745 Seventh Ave. Evercore, an investment banking advisory firm, added 95,000 square feet at Fisher Brothers Park Avenue Plaza, lifting its footprint there to more than 500,000 square feet.  

Meanwhile, Blackstone, Jane Street Capital and American Express are among top-class tenants reportedly looking for large blocks of space to move or expand in Manhattan.

Experts attribute the renewed Manhattan energy to growing confidence that return-to-office is gaining steam as well as to a wider sense that the city is no longer a ghost town nor dangerous except in a handful of areas.

Dan Biederman, president of the Bryant Park Corporation and the 34th Street Partnership, noted, Our subways and suburban trains are much more crowded than last year. Just today, I almost got knocked over trying to get to the turnstiles at the Rockefeller Center station.

A leasing boom would also be great news for restaurants in business districts.

Marc Packer, a partner in Avra Group which owns three large Midtown restaurants, called the VTS forecast extremely important for the health of retail/restaurant business and the basic ecosystem of the city.

Dino Arpaia, owner of Cellini on East 54th Street, said that it might bring more employees to offices on the two days in the week when he said there are sometimes zero people at his restaurant.

He said the return-to-offices trend hasnt helped parts of East Midtown as much as it has other areas.

Its still missing on Mondays and Fridays, he said.

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Environment

Prime Day-2 Green Deals: Anker SOLIX F3800 Plus, GE 2-in-1 washer/dryer, Lectric e-bikes, EcoFlow, Jackery, Aiper, Greenworks, more

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Prime Day-2 Green Deals: Anker SOLIX F3800 Plus, GE 2-in-1 washer/dryer, Lectric e-bikes, EcoFlow, Jackery, Aiper, Greenworks, more

It’s the second day of the Prime Day seasonal savings and we’ve got another jam-packed edition of Green Deals focusing on some of the best discounts we’ve spotted so far, with all the others rounded up in our Prime Day Green Deals hub here, which is regularly being updated throughout the days, so be sure to check back often. Leading our top three picks today is Anker’s SOLIX F3800 Plus Portable Power Station and its bundle packages, which are seeing up to $7,994 in savings to new low prices starting from $2,564. Next, we have GE’s Smart Combo Electric Washer & Dryer with Ventless Heat Pump at its $1,750 low, as well as Lectric’s full Better Than Prime Day sale that is taking up to $654 off e-bike bundles starting from $799. All that and much more are waiting for you below.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

You can save up to $7,994 on Anker’s SOLIX F3800 Plus station + bundles at new low prices for Prime Day starting from $2,564

As part of its ongoing Prime Day Sale running through July 13, Anker SOLIX is dropping the prices lower than ever on its new F3800 Plus Portable Power Station starting at $2,564.05 shippedafter using the promo code PDSG5OFF at checkout for an extra 5% in savings – plus, you’ll be getting a free protective cover to boot! We saw this model drop from its $4,799 MSRP to hit a short-lived former $2,649 low in the brand’s early Prime Day sale, which is getting beaten out here by $85. It’s also beating out its current Amazon pricing of $2,699 (usually keeping between $2,999 and $3,899), with the combined 47% markdown here giving you a massive $2,235 in savings at the best new price that we have tracked. And don’t forget about all its bundle options we’ve collected below that are also down at new lows through the weekend.

Anker’s SOLIX F3800 Plus, as well as its standard F3800 predecessor, are the brand’s largest expanding backup units that start at a sizeable 3,840Wh LiFePO4 capacity, with further investments bolstering that capacity up to a 26,900Wh maximum (when six batteries are attached). It has 15 output port options to connect devices, appliances, and vehicles – with the latter being covered by the L14-30R and TT-30R ports for EVs and RVs. You’ll get up to a steady 6,000W power output normally, while it can surge as high as 9,000W when needed. That output even expands when two stations are paired together, raising the rate to 12,000W for home backup coverage.

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In terms of recharging, the F3800 Plus brings an additional method to the table with its 6,000W input it can receive from a gas generator, while its solar input max has increased to 3,200W (from 2,400W). Of course, there’s also the usual AC outlet charging and more to keep it juiced up and running.

***Note: these prices below haven’t had the extra savings factored in yet, so don’t forget to use the promo code PDSG5OFF at checkout to score the very best deals!

Anker SOLIX’s Prime Day F3800 Plus standard deals/bundles:

Anker’s SOLIX Prime Day F3800 Plus home backup bundles:

To also checkout the pricing on its standard F3800 counterpart and bundles, be sure to check out our full coverage here.

GE 2-in-1 smart combo electric washing machine and dryer

Save space or double up with GE’s 2-in-1 smart combo electric washer/ventless heat pump dryer at its $1,750 low

As part of its Black Friday in July Sale, which is running parallel to Amazon’s Prime Day Sale event, Best Buy is offering a returning low price on the GE Profile 4.8 Cubic-Foot Smart Combo Electric Washer & Dryer with Ventless Heat Pump down at $1,749.99 shipped, which is beating out the brand’s direct pricing by $249. While it usually goes for $2,900 at full price, at Best Buy it’s been more recently fetching $2,700, with discounts having kept the costs between $2,000 and $2,200 in 2025. The last time we saw prices fall this low was during Best Buy’s Black Friday sale, with this being the first time it showed up in the new year with $950 in savings at the best price we have tracked.

If you want to learn more about this unit, be sure to check out our original coverage of the deal here.

Lectric XPress 750 e-bike

Lectric’s Better Than Prime Sale offers up to $654 in free gear with e-bikes starting from $799

Lectric’s Better Than Prime Sale is in full swing with up to $654 discounts across its e-bike lineup, which includes the preorder deal on the new XP Trike2 and increased bundles on the new XP4 e-bikes. Sadly, if you were hoping to score the XPedition 2.0 Dual-Battery Long-Range Cargo e-bikes, they are out of stock following the July 4th sale, but the brand has since restocked another popular model, the XPress 750 Commuter e-bikes that come with $336 in free gear at $1,299 shipped. The bundles are the same as the last few sales we’ve seen, which would normally run you $1,635 in full were it not for the usual savings – not to mention the $200 off option for a spare battery to double its range (found on its landing page). All-in-all, you’ll be getting a steel-encased rear cargo rack, fenders to go over both tires, an Elite headlight upgrade, and a suspension seat post. Head below for more on this and the other models seeing savings during this limited-time event.

If you want to learn more about this model or get the full rundown of e-bike deals we’re seeing during this sale, be sure to check out our original coverage here.

EcoFlow Prime Day power station sale

Power outdoor adventures with EcoFlow’s stations and bundles at up to 62% off in Prime Day savings starting from $199

EcoFlow’s Prime Day Sale is in full swing and lasting through July 11 with up to 62% off its power stations and solar generator bundles – plus, there’s extra savings to score using the promo code EFPDAFF5 at checkout for an additional 5% off your order. Among the many units we’re seeing at some of their lowest rates, a notable standout to cover your trips into the wilds, jobsites, and emergency needs is the DELTA 2 Max Solar Generator bundle that comes with a 500W solar panel (4 x 125W) for $1,281.55 shippedafter using the promo code. This newer package would usually run you $2,699 at full price, with it only available directly from the site. At Amazon, the closest matching bundle you can find gives you the station with a 400W panel for $1,279, meaning you’re getting the brand’s largest portable panel for just $3 more. The combined 53% markdown here gives you $1,417 in savings at the best price we have tracked. Head below for more of the best deals we’re spotting during this sale.

If you want to learn more about this power station or get the full lineup of power station, solar generator bundles, and add-on accessory savings, be sure to check out our full coverage of the sale here.

Aiper Surfer S2 robotic solar pool skimmer

Let Aiper’s Surfer S2 robot worry about skimming your pool while being powered by the sun at new $280 low

As part of its ongoing Prime Day event, the official Aiper Amazon storefront is offering its popular Surfer S2 Robotic Solar Pool Skimmer at $279.99 shipped. It carries a $400 MSRP, but at Amazon, we’ve been seeing it keep down at $340 lately, with discounts usually taking things to $320, and one previous discount to $300 from last month. Today’s deal brings you a new all-time low, giving you $120 off its price tag for the best deal we have tracked.

If you want to learn more about this popular model, be sure to check out our full coverage of the deal here.

Jackery Prime Day power station sale

Jackery’s full Prime Day Sale with up to 65% discounts, bonus savings, free gifts, and more sees return and new lows from $89

Jackery has switched over to its full Prime Day Sale through July 11 with up to 65% discounts on power stations, solar generators, and more – plus, there are extra savings, limited stock free gifts, and membership benefits too. Among the offers this time around, we’re seeing returning and new low prices on Jackery’s new HomePower 3000 Portable Power Station and its bundle options, starting from the station on its own at $1,614.05 shippedafter using the promo code PRIME5 at checkout for an additional 5% off, which beats out the Amazon pricing by $85. This new model (also known as the Explorer 3000 v2) hit the market back in May carrying a full $2,499 price tag, and which discounts brought down to $1,699 for the first time during the early Prime Day Sale. That low price is returning here, with the extra 5% savings making things all the better for a second chance at the best pricing we have tracked, saving you $885 in the process.

If you want to learn more about this all-new power station, or browse the full lineup of deals we’re seeing during this sale, be sure to check out our full coverage here.

greenworks pro 2,700 psi electric pressure washer

Greenworks’ Pro-tier 2,700 PSI electric pressure washer falls to new $285 low for Prime Day, more

As part of its ongoing Prime Day deals event, Amazon is offering the Greenworks Pro 2,700 PSI Electric Pressure Washer at $284.99 shipped, which is beating out the brand’s direct pricing by $15. It normally fetches $400 at full price, with discounts having kept above $320 before this week. It fell to $300 at the beginning of Prime Day, but has since dropped lower to this new all-time low price. You’ll be saving $115 off the going rate while the savings last, upgrading your outdoor cleaning game at the best price to date.

If you want to learn more about this model’s capabilities, as well as browse the lineup of electric pressure washer deals we’re seeing, be sure to check out our original coverage here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

FTC: We use income earning auto affiliate links. More.

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Technology

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

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Bitcoin rises to fresh record above 2,000, helped by Nvidia-led tech rally

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart.

Silas Stein | Picture Alliance | Getty Images

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close.

The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999.

The flagship cryptocurrency has been trading in a tight range for several weeks despite billions of dollars flowing into bitcoin exchange traded funds. Bitcoin purchases by public companies outpaced ETF inflows in the second quarter. Still, bitcoin is up just 2% in the past month.

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Bitcoin climbs above $112,000

On Wednesday, tech stocks rallied as Nvidia became the first company to briefly touch $4 trillion in market capitalization. In the same session, investors appeared to shrug off the latest tariff developments from President Donald Trump. The tech-heavy Nasdaq Composite notched a record close.

While institutions broadly have embraced bitcoin’s “digital gold” narrative, it is still a risk asset that rises and falls alongside stocks depending on what’s driving investor sentiment. When the market is in risk-on mode and investors buy growth-oriented assets like tech stocks, bitcoin and crypto tend to rally with them.

Investors have been expecting bitcoin to reach new records in the second half of the year as corporate treasuries accelerate their bitcoin buying sprees and Congress gets closer to passing crypto legislation.

Don’t miss these cryptocurrency insights from CNBC Pro:

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Politics

Bitcoin soars to new all-time high above $112K as traders liquidate shorts

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Bitcoin soars to new all-time high above 2K as traders liquidate shorts

Bitcoin soars to new all-time high above 2K as traders liquidate shorts

Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.

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