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Temp space popular among office dwellers

Temporary and virtual offices are taking on a bigger role among small businesses in the New York City metro area, according to Long Island Business News. Ted Weiss, CEO of T. Weiss Realty, said that the short-term leases offered by these alternative offices are more appealing to business owners in the financial downtown. “It’s held up better than the market in general,” Weiss said of the temporary office market. “People [want] to put on a professional appearance although they’re working from home.” Temporary office space has become so popular that experts say many of these spaces in New York City have a 90 percent occupancy rate.

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