Coworking providers have an elevator problem that could spur changes - Business Insider

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The pandemic has stuck high-rise commercial landlords and coworking companies with an elevator problem. Here's how it could shake up urban real estate markets.

Coworking and commercial real estate landlords in urban markets have an elevator problem, industry experts say.

The elevator worries could fade if the epidemic passes soon or could be accommodated by scheduling systems, they said.Many commercials real estate companies — traditional landlords and coworking providers alike — have an elevator problem, industry experts say. Employees aren't eager to pack into elevators while the coronavirus epidemic still rages, Smith and other experts said. And corporate tenants aren't eager to expose their employees to such situations.

The pandemic forced many corporations to allow their employees to work from home or other locations far from their primary offices. The general success of remote work during the crisis is likely to spur many companies to support employees working from home or from offices near their homes after the epidemic passes, the experts said.

 

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