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Workers have proven they can function remotely, and they are demanding their employers keep the option of remote or hybrid work.
Over the next few years, as tenants start to rethink space needs and their leases roll over, they'll go into better buildings, and the worse buildings will be in trouble.
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What's Going to Happen to All Those Empty Office Buildings?
The broad shift to working from home during the pandemic may haunt the commercial real estate market for years to come, making it harder to fill vacant office buildings that were once brimming with tenants.
Older buildings that go dark will become expensive eyesores. A reduction in workers flooding into office districts each day will squeeze city wage tax revenues, mass transit ridership, and the local economy. Restaurants, boutiques, and businesses within walking distance of an office will lose the...
"A good laugh and a long sleep are the best cures in the doctor’s book."
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A return to the office may involve negotiations between workers and employers, where workers may desire to make some permanent changes, including adopting a hybrid model.
While a hybrid model may not work for all jobs and industries, it can allow employees to conti...
There’s an important retention issue involved in providing employees with their desired level of flexibility, especially in the context of the Great Resignation. The survey indicates that of those knowledge workers not satisfied with the flexibility at their workplace, 72% are li...
Next time you experience a tip-of-the-tongue state, don't retrieve the information from memory. Instead, look up the correct answer. Repeat it a few times or write it down to help with encoding.
People that experience the tip-of-the-tongue state often suffer from incorrect...
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