NYC Growth Has CBRE Bullish on the City’s Long-Term Future

Why NYC Remains Key

CBRE Group is doubling down on New York City as its largest and most diverse market, reports Bloomberg. CEO Bob Sulentic noted that, despite companies being attracted to lower-tax US regions such as Texas and Florida, CBRE posted a “spectacular” first quarter in NYC and expects no slowdown related to local tax policies.

AI and Tech Infrastructure Fuel CRE

Sulentic highlighted artificial intelligence and the growth of data centers as long-term positives for CBRE’s business. The company views advances in AI as a competitive advantage that will drive greater efficiency in its operations and services, positioning CBRE as a “significant net winner.” Data centers and critical infrastructure are expected to remain robust growth areas.

Global Market Confidence

Beyond NYC, CBRE continues to see strength in global hubs like London and Tokyo. These cities’ scale and diversity attract businesses and talent. They support long-term confidence in real estate demand. The firm’s broad service platform spans leasing, investment, and building management. That momentum aligns with a recent rebound in office leasing activity, where stronger deal flow has helped lift overall performance and exceeded market expectations.