
Remote Work Destroyed Even More Office Value Than Researchers Had Thought
GlobeSt.com, June 1, 2023–Erik Sherman
Last fall, researchers from New York University’s Stern School of Business and from Columbia Business School looked at the effect of remote work on the office sector. “We document large shifts in lease revenues, office occupancy, lease renewal rates, lease durations, and market rents as firms shifted to remote work in the wake of the Covid-19 pandemic,” they wrote at the time.
https://www.globest.com/2023/06/01/remote-work-destroyed-even-more-office-value-than-researchers-had-thought/?