The share of Manhattan employees that have returned to the office appear to have stabilized at 72% of pre-pandemic attendance, according to the Partnership for New York City, which surveyed more than 130 major Manhattan office employers between April 19 and May 6, 2024.
Responses indicate that 56% of Manhattan office workers are at their workplace on an average weekday, compared with 78% of workers that were in their Manhattan offices on the average weekday prior to the pandemic.
Diving into these numbers unearthed some interesting trends. The industry with the highest average daily attendance was the real estate sector at 83%, followed by law (63%) and financial services (60%). Also, larger employers tended to have lower in-office rates pre-pandemic; as a result, current office attendance is 77% of pre-pandemic conditions at companies with more than 5,000 employees, compared to 67% among firms with fewer than 500 employees.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
