New York City Real Estate Industry Escaped Huge Job Losses

Rich Bockmann

Fri Mar 12 2021 05:00:00 GMT+0000 (Coordinated Universal Time)

New York City real estate avoided some of the deepest cuts seen during a year of record job losses across most industries. Despite challenges like a temporary ban on in-person property showings and the spring shutdown’s outsized damage to retail and hospitality, the city’s real estate job cuts were mild compared to its broader workforce.

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