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  • From Jonathan Miller posted by SolveCast
  • 1 month ago
  • 1
  • Starts 262 seconds

The one thing though that you're going to see right now is that many cities have an optics problem where, the cable news, TV pans across time square, and they see all the boarded up retail. Well that's because 80% of the office towers are empty. And will not be empty in the next six months. And that will breathe life back in, but it's going to be at lower rates and a different type of tenant that will be coming in

https://www.solvecast.com/articles/detai...
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  • From Jonathan Miller posted by SolveCast
  • 1 month ago
  • 1
  • Starts 170 seconds

I'd look at remote now, as before the pandemic, it was about 5% of corporate America was a hundred percent remote. And now we're talking about it doubling or tripling, which is 10 or 15%.
However, the next cohort, the next 50% are not going to be going in five days a week. They're going to be going in some variation of that. Four days a week, three days a week, two days a week. And then the other time there'll be working remotely, I think that's going to be embedded into the commercial real estate world.

https://www.solvecast.com/articles/detai...
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