New York’s office market is home to the most tech workers: CBRE report
A CBRE report indicates that New York has surpassed the San Francisco Bay Area in total tech talent, largely driven by the finance sector's aggressive hiring of AI-focused workers. While New York leads in total tech jobs, San Francisco remains the primary hub for AI-specific roles.
Why it matters
This shift signals a geographic diversification of the tech industry as AI integration expands beyond traditional Silicon Valley hubs into established financial centers.
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.
It should come as no surprise that the number of artificial intelligence-specific tech workers is growing rapidly, and the effect of this growth on regional office markets is substantial. For the first time, New York's office market is home to the most tech workers, thanks in large part to AI, according to a new report from CBRE .
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