4) A Smartypants Labor Pool
Corporations can finally visualize what's coming, says Durst's Rob Becker (with Ted Moudis Associates' Lucy Carter), who heads up 1 WTC leasing. He can show people offices instead of renderings. Corporations have also found a concentration of 24- to 44-year-old, college-educated workers feeding the submarket. Many firms relocating from Midtown and Midtown South are professional services, Rob says, and CBRE's Adam Foster adds that only a quarter of the 5M SF of office leased Downtown in '13 was for FIRE tenants.