New York Office Towers May Be In A Little Trouble
Trying to coax companies and people back into the city may prove difficult as the pandemic has upended the business models of scores of corporations. (NY Times) Telework maybe a new norm.
“Robert Ivanhoe, a real estate lawyer at Greenberg Traurig, said he had about 20 clients that had postponed searches for new offices. “They are putting a lot of thought into coming up with a new operating model — how much of my work force is going to work from home and for how much time?” he said. ‘It has never been turned upside down like this before.’”
