Some big employers are giving up square footage as they juggle remote work. That could devastate building owners and cities.
Source: New York Times
After Pandemic, Shrinking Need for Office Space Could Crush Landlords
Published in Boston Properties Inc, Buildings (Structures), Coronavirus (2019-nCoV), Corporations, Dimon, James, JPMorgan Chase & Company, Landlords, Manhattan (NYC), Property Taxes, Quarantine (Life and Culture), Real Estate (Commercial), Recession and Depression, Renting and Leasing (Real Estate), SL Green Realty Corporation, Stocks and Bonds, Telecommuting, United States, Urban Areas and Workplace Environment
More from Buildings (Structures)More posts in Buildings (Structures) »
More from Coronavirus (2019-nCoV)More posts in Coronavirus (2019-nCoV) »
More from CorporationsMore posts in Corporations »
- Ralph E. Ablon, Pioneer of Corporate Conglomerates, Dies at 105
- ‘Black Capitalism’ Promised a Better City for Everyone. What Happened?
- Black Capitalism’ Promised a Better City for Everyone. What Happened?
- N.J. Approves $14 Billion in Corporate Tax Breaks in Less Than a Week
- These Are the Perks Companies Use to Get Workers Back to Their Offices
More from Dimon, JamesMore posts in Dimon, James »
More from JPMorgan Chase & CompanyMore posts in JPMorgan Chase & Company »
More from LandlordsMore posts in Landlords »
More from Manhattan (NYC)More posts in Manhattan (NYC) »
- Ex-State Dept. Official Ordered to Bias Training After Anti-Muslim Rant
- Judge Threatens to Eject Trump From Carroll Trial After His Complaints
- Inside the Hunt for the Gilgo Beach Serial Killer
- A Crumbling New York Garage Collapsed. Dozens More Have Similar Problems.
- NYC Community Boards Usually Oppose New Housing. Not This One.
More from Property TaxesMore posts in Property Taxes »
More from Quarantine (Life and Culture)More posts in Quarantine (Life and Culture) »
More from Real Estate (Commercial)More posts in Real Estate (Commercial) »
- Adams’s Re-election Bid Fueled by Real Estate Titans and Out-of-Towners
- Hochul and Adams Envision ‘New New York.’ Getting There Is the Trick.
- New York Loosens Rules on Locations for Weed Dispensaries
- A Long Road to Renewal for Former Military Bases
- A Times Square Hotel Was Set To Become Affordable Housing. Then the Union Stepped In.
More from Recession and DepressionMore posts in Recession and Depression »
- N.Y.C. Faces Potential Fiscal Crisis as $10 Billion Budget Deficit Looms
- Artists and musicians are getting a new source for aid in the New York State budget.
- It’s Not Too Late to Discover Louise Meriwether
- Pushed by Pandemic, Amazon Goes on a Hiring Spree Without Equal
- Manhattan’s Office Buildings Are Empty. But for How Long?
More from Renting and Leasing (Real Estate)More posts in Renting and Leasing (Real Estate) »
More from SL Green Realty CorporationMore posts in SL Green Realty Corporation »
More from Stocks and BondsMore posts in Stocks and Bonds »
More from TelecommutingMore posts in Telecommuting »
More from United StatesMore posts in United States »
- New Covid Booster Shots Cut Risk of Hospitalization by Half, CDC Reports
- Long Covid Has Played Role in More Than 3,500 Deaths in US, CDC Says
- Hometown of Tyler Adams, U.S. Captain, Still Proud Even With Loss
- Judge Criticizes D.A. for Halting Prosecution of Woman in Husband’s Death
- New York Philharmonic Was Once All-Male. Now, Women Outnumber Men.
More from Urban AreasMore posts in Urban Areas »
- What Does Queens Need More, a New Park or a New Train Line?
- Is Homeownership Slipping Even Further Out of Reach for New Yorkers?
- Why Are We Still Obsessed With Robert Moses?
- New York City Reaches Deal to Build Soccer Stadium in Queens
- MetroTech, the Office Park in Brooklyn, Gets a $50 Million Renovation
More from Workplace EnvironmentMore posts in Workplace Environment »
- Letitia James Is Accused of Protecting Aide From Harassment Allegations
- Most NYC Job Postings Must Include Salaries Starting in November
- Is New York City Finally Returning to the Office?
- For a Revered Art House Cinema, a Season of Off Screen Turmoil
- The Office Monsters Are Trying to Claw Their Way Back to 2019
Be First to Comment