‘Restacking’ tough on local office market
Thursday, February 14, 2013
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A year ago, commercial landlords in the region were holding their breath as New York began rolling out a plan to “restack” its workforce — vacating privately owned office space as leases expired in order to fill empty floors in state-owned buildings. This year, it could be warehouse owners who are caught in the state’s crosshairs as New York looks to gain additional savings through real estate consolidation...