Mark Holliday, Chairman and CEO of SL Green Realty, sheds light on the New York commercial real estate landscape. He discusses the soaring vacancy rates and rising rents in high-demand zones. The impact of new legislation and the trend of converting offices to residences are explored, along with how workforce dynamics are reshaping commercial leasing. Holliday offers insights into significant market transactions that could influence future investments. This conversation provides a valuable glimpse into the evolving real estate market amidst current economic conditions.