if the city may never recover. Hundreds of millions of square feet of Manhattan office space sit vacant, awaiting the return of workers who might decide they prefer working at home, at least part of the time. Businesses may conclude that remote work is more feasible than they once thought, and cut back on the amount of office space they rent.This isn't actually a new trend.
: to access other employees' expertise, exchange ideas, and develop closer professional contacts. And companies may feel some employees are better trained and supervised at the workplace. These factors will make many businesses reluctant to give up a physical workspace.that Manhattan office employment will be higher when the economy has fully recovered. Real estate investors' confidence, in turn, drives investment in new buildings, as well as constant upgrades to existing space.
eric_kober Diversified city from automation to paper work.
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