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office space

A collection of 2 posts

Major US cities said to have empty office space by 2033 include NY, SF, and LA

Per Bloomberg A report by Savills explores the effect of the change to remote work settings and has found three major US cities that are said to reach empty office space by 2033. The report also pointed out that US cities were specifically vulnerable to empty office space. It was

NYC office value would drop 44% below pre-pandemic numbers by 2029 due to remote work

Per NYP New York City office space has recently suffered due to remote work, with very few people returning to the office. A combined 2022 study by researchers from New York University and Columbia University found that its office value could drop by 44% below pre-pandemic numbers. This came as