Pandemic mass exodus is slowly reversing in Manhattan

More than a year after New Yorkers fled the city in droves as the pandemic ravaged the city, the trend is beginning to reverse.

Manhattan lost 4.3 percent of its households during the pandemic, but the borough regained .31 percent of occupancy through May and June — a trend that is expected to continue, according to Business Insider, which cited research from Jefferies analysts. The mass exodus reversal in New York could be tied to higher rates of vaccination, and financial firms that are calling on workers to return to the office.