Amazon’s decision to base its new, secondary HQs in New York City and Northern Virginia does not mean that rental markets in these cities will enjoy the kind of surge seen in Seattle. At the margins, however, even a modest boost to demand from Amazon’s well paid staff will help to allay concerns in both regions that too many luxury towers have been built.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.