Architect Talks Modernizing Office Spaces and Market Rebound

This video is originally from Spectrum News NY 1, released on April 15, 2026.

After years of lagging demand for office space in the city, a new report shows the office market is witnessing a rebound.

The investment management company Colliers found that Manhattan just had its strongest first quarter of office leasing since 2014 — nearly 44% above the five-year quarterly average.

Manhattan’s availability rate also dipped, marking the eighth straight quarter of a tightening or stable rate.

Tom Vecchione, Vice Chairman and Managing Principal of the architecture and design firm Vocon, joined “The Rush Hour” on Wednesday to talk more about rebound in the market.