The Observer sat down with mega-developer and mega-landlord (mega-everything!) Kent Swig early this morning for an interview that will be published in Wednesday’s paper. He talked about his takeover of the Helmsley-Spear building-services firm and noted that there’s a lot of opportunity for it in New York.
After all, Manhattan’s roughly 400 million square feet of office space (most of it Class A) dwarfs that of other cities, as Mr. Swig notes:
If you add it up: downtown San Francisco, downtown L.A., downtown Philadelphia, downtown Boston, downtown Washington, DC, and downtown Chicago—the six largest cities [together in terms of office space] outside of Manhattan, you don’t equal Manhattan.