As a commercial real estate veteran, I can assure you that my industry has rarely if ever driven front-page news.
How quickly things change. In a matter of months, Covid-19 has caused an historic, radical transformation in how we think about the time-honored act of going to work. The CDC recently issued restrictive occupancy guidelines; companies like Twitter and Shopify have suggested their employees may work remotely forever; NYC is re-opening, yet only 10-15% of office workers have actually returned.
Is the office as we knew it gone forever? Or have recent events simply accelerated inevitable and much-needed change? Staying ahead of the curve has long been an obsession for those of us in the business of building, owning, and managing real estate. Now, my colleagues and I spend every waking moment trying to resolve these questions.
Let’s begin with the good news: reports of “the death of