Reported 4 days ago
Recent data indicates a significant return to in-person work in New York City, with office occupancy reaching 86.2% of pre-pandemic levels, while other cities like San Francisco lag behind. This trend reflects a growing demand for physical office spaces, driven by employer mandates and the desire for in-person connections. Major companies are tightening remote work policies, prompting employees to return to the office more frequently, which is positively impacting the commercial real estate market.
Source: YAHOO