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Dec 12, 2024
9:23:15am
HarlemCoug Intervention Needed
We learned in the 80's that for most jobs, being in the office is better (for the employer). It's no surprise to me that
companies are pushing people back to the office. We tried work from home where I work in 2019. In Feb 2020 we ended the policy and said everyone needs to be in the office..it just didn't work. Then Covid hit a month later and everyone was back to working from home.

Prime office space in NYC is at an all-time low vacancy rate right now because the financial services firms are scooping up the best spots. Now that the prime spaces are rented, the A- class will fill up soon too.

It will be interesting to see how things change nationally once DOGE has been around for a while. They seem to have a 2 pronged approach. 1. Fire a lot of people (means the government will need less office space) 2. Force everyone to work in the office (means they'll need more office space).
I wonder if these moves will be a net gain or loss for the office market in general???
This message has been modified
Originally posted on Dec 12, 2024 at 9:23:15am
Message modified by HarlemCoug on Dec 12, 2024 at 9:52:37am
HarlemCoug
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HarlemCoug
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