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New York overtakes San Francisco for most tech workers as AI roles drive office leasing
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A CBRE report finds New York now has more tech talent jobs than the San Francisco Bay Area for the first time in 13 years, driven by AI-related hiring and finance-sector tech demand.
The shift signals where AI-era tech employment is concentrating, and it directly affects commercial real estate demand in those markets. For engineering teams, it means hiring competition and office-space costs are increasingly tied to AI job density rather than traditional tech-sector geography.
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New York's 394,300 tech talent jobs edged out the San Francisco Bay Area's 375,730, the first lead change in 13 years of CBRE's analysis.
AI-related roles grew 45% across the U.S. and Canada in the past year and now account for nearly one-third of all U.S. tech-talent job listings.
AI companies made up 58% of all office leasing in San Francisco in the first half of this year, with AI's office-centric culture fueling market recovery.
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