New York City is reopening, but Marcus & Millichap’s CEO is not predicting a return to form anytime soon. Hessam Nadji told CNBC in an interview this week that demand was surging in suburban areas as people fled cities, a trend he predicted would continue for up to two years. “I think the next 18 to 24 months are going to show a lot of exodus out of central business districts,” he said. “We’re seeing
source https://therealdeal.com/2020/07/09/marcus-millichap-ceo-predicts-exodus-from-cities-to-last-two-years/
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