Tech Giants Still Committed To Growing New York City Workspaces Says Real Estate Expert

Experts predict real estate market to maintain momentum in 2021; Design tweaks to make returning to the office safer.

Kent Swig, President of Swig Equities, joins Cheddar to discuss how the spread of the coronavirus is impacting buyers and sellers in hot markets.

People are moving out of New York City in record numbers, causing a real estate is boom in places like Maine and Connecticut; but an interesting trend has also emerged: big tech is moving in. Facebook, Apple, Amazon and Google are all buying property in NYC as business and residential vacancies mount. We welcome in Kent M. Swig, President of Swig Equities, to discuss the trend, and dive into how it is affecting commercial real estate.