when does Long Island City = New Orleans? More on the immense scale

prime office space is comparable
Today’s NY Times business section has pieces on facing pages (if you read the paper on paper) with a fascinating parallel about office space.
The entire prime office market in New Orleans is 8.8 million square feet (post-Katrina, which reduced the available total by ‘only’ 487,000 sq ft). That’s on page C8.
Page C9 tells us today that Long Island City — hardly what most people would consider a significant part of the NYC commercial market – has 7.1 million square feet, with another “nearly one million square feet currently rising out of the ground”. Once completed, LIC would have 90% of the office space of New Orleans.
Big town, New York…
© Sandy Mattingly
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