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Analysis

The New Office Normal Has Much Lower Utilization Than in the Past

It’s better than earlier in the year, and certainly than in 2020, but it’s still bad news for landlords.

Office occupation has gone up a bit since March 2020, but it increasingly looks as though a new normal isn’t going to include old rates of people in office buildings.

The Partnership for New York City released a report based on a survey of 160 big Manhattan office employers to ask to what degree their workers had come back to the office.

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Erik Sherman

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