JPMorgan HQ
The under-construction headquarters for JPMorgan Chase, center, rises in Midtown Manhattan.
  • Manhattan has had an enviable run in the construction of skyline-defining office buildings.
  • But the opening of large office buildings in the borough will slow down after 2025, per The Times.
  • Higher construction costs and the effects of increased remote work are playing a role in the shift.

New York City over the past 25 years has endured a multitude of unprecedented economic challenges, from the aftermath of the terrorist attacks on Sept. 11, 2001, to the ravages of the COVID-19 pandemic.

However, one thing has long remained a constant in Manhattan: the construction of large, skyline-defining office buildings.