marianne3
December 07, 2020
With perhaps half of all employees working from home, California offices are sparsely populated these days. As a result, vacancies are rising, new leases are dropping and some companies are putting some of their unused square footage on the market for sublease, commercial real estate brokerage CBRE reported.
Office Archives | Page 58 of 105 | CREtech
With perhaps half of all employees working from home, California offices are sparsely populated these days. As a result, vacancies are rising, new leases are dropping and some companies are putting some of their unused square footage on the market for sublease, commercial real estate brokerage CBRE reported.
In the United States and other developed countries, the pandemic has driven a large proportion of the workforce to work from home, and in the aftermath of the crisis, the number of people who permanently work remotely is likely to triple or quadruple.
U.S. employees started heading back to the office in greater numbers after Labor Day but that pace is stalling now, delivering another blow to economic-recovery hopes in many cities. The recent surge in Covid-19 cases across the country has led to an uptick in Americans resuming work at home after some momentum had been building for returning to the workplace, property analysts said.
The experience of COVID has brought wellness top of mind along with maintaining both physical and mental health during these trying times. Hydra Studios, an operator of wellness spaces in the city launched by two Goldman alums, is looking to serve this market through its network of spaces for people to relax, workout, and recharge at convenient locations throughout the city as we began pondering l...
Midtown — the epicenter of Manhattan office, retail and hospitality — has seen a stark transformation over the past eight months. The hundreds of thousands of office workers and tourists who used to fill the streets and businesses every day now only trickle down the hallowed corridors of Fifth Avenue, Park Avenue, Madison Avenue and Broadway.
CBRE today announced the launch of Office Ready, a new end-to-end solution from Project Management that takes the complexity out of office buildouts so organizations can focus on their business, not their real estate. “Office Ready combines CBRE’s unique perspective and insights on the future workplace with real-world applications,” said Jim Dobleske, Global President of Project Management.
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As Manhattan’s office landlords struggle to get people to return to the workplace, the city’s biggest provider of on-demand, in-person meeting spaces and conference centers has scaled back its footprint.