Manhattan office buildings continue to remain nowhere near capacity and will likely stay that way according to a new study.
The Partnership for New York City surveyed major employers between January 10 and January 18, 2022, to gauge the impact of the omicron variant on the pace of return to office among New York City employers.
Three-fourths of employers delayed their return to the office due to the increase in cases caused by the omicron variant and 22% of companies closed their offices to non-essential employees. The majority of employers (61%) expect average daily attendance in their Manhattan offices will exceed 50% by the end of Q1 2022.
This is bad news for landlords of NY office buildings that depend on tenants renting office space for their workers. It’s also not good for Manhattan restaurants and other businesses that depend on high-paid workers coming into NYC.
The Partnership survey of employers found:
The Partnership asked employers to estimate when average daily attendance in their Manhattan offices will exceed 50%:
The Partnership also asked employers about their current vaccination and testing policies:
Additional information:
A total of 60 new electric buses will debut on routes in Queens, Staten Island…
Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New…
The Securities and Exchange Commission has settled charges against New York-based registered investment adviser Hudson…
NEW YORK -- Ness Digital Engineering, a full-lifecycle digital services transformation company, has acquired Intricity, a leading…
NEW YORK– The law firm Sullivan & Worcester is relocating its NY office from its…
HYDE PARK, NY -- DASSAI Blue, the U.S. extension of the prestigious Japanese sake brand…