How Big Tech Is Buying Out the Commercial Real Estate Market

Send us a text Since the beginning of 2020 Big Tech has purchased 1.6 million square feet of office space in NYC alone. It’s a move to control their operations, park hoards of cash into hard assets, and continue to expand their operations with hundreds of thousands of new hires. In fact Amazon hired over 400,000 employees in just 10 months following the start of the pandemic. With a massive increase in headcount comes a need for infrastructure and space to work in. As if the timing coul...