This might actually be a good thing in the long run. Real estate prices in NYC were insane before the pandemic, landlords would purposefully keep property off t

This might actually be a good thing in the long run. Real estate prices in NYC were insane before the pandemic, landlords would purposefully keep property off the market and toss out long established businesses on hopes of scoring a payday from a new renter. Now we are in a situation where it is just impossible to pack enough people into a space to earn a profit at $3700 per square foot. No doubt it will cause some people a lot of pain up front but eventually it might be possible for small businesses and families to be in Manhattan again.