Remote work challenges the future of New York offices

EFE / EPA / JUSTIN LANE / Archive
EFE / EPA / JUSTIN LANE / Archive

The explosion of remote work provoked by the coronavirus pandemic threatens the future of the world’s largest shopping centers, located in New York, where it is hoped that an important proportion of workers will regress to the offices y hooi empresas que stán optando por reduci o abandon sis spaces.

Passed a year from the beginning of the pandemic, only one 10% of Manhattan’s employees he regresado a sus puestos habituales, following a post published this month by The partnership for the city of New York, a coalition that brings together many of the major negotiators based in the city.

The probing companies prevent that in order September -when the majority of the citizens are standing and the full vacancies- haya vuelto a la oficina alrededor de un 45% personal.

Mientras, the great neoorquinas employers hope that some more from the midst of their plants will continue to work in the form of the future, at least during their day.

Photo of Edward Jenner and Pexels
Photo of Edward Jenner and Pexels

Se alquila

Numerous large companies are standing by this remote work revolution, or at least acceptably, because there is always a need to adapt.

It’s the case of JPMorgan Chase, Mayor of the United States Bank and employed by New York Officers in addition to 20,000 people. Although it has not been officially confirmed, since The New York Times the predicate entity implant a rotational model in which employees work hours in the office and other distances.

A woman walks past a JPMorgan Chase bank in Times Square in New York City, United States, March 7, 2019. REUTERS / Brendan McDermid / Photo archive
A woman walks past a JPMorgan Chase bank in Times Square in New York City, United States, March 7, 2019. REUTERS / Brendan McDermid / Photo archive

JPMorgan Chase, de hecho, was able to market a space of 65,000 subway blocks lined up in the financial district of Manhattan Bay, the mayor’s space offered in sub-lease in all the city.

And he is not the only one, given that segun The Wall Street Journal other companies like Sales team o PricewaterhouseCoopers también are intending to colocar offices that have alquiladas.

Surrender your spaces forever is easy, given that the contracts of aliquil his usual ten or more years, but there is a tendency to use very clearly in the stock of offices -con a 80% increase in available space under subletting in the financial district- and in the prices, which han caído en doubles digitos a escala nacional.

Altesaam ahora mismo hooi en Manhattan más de 9 million square meters of office space in the market, an increase of 37% with respect to the past year and a mayor’s office that houses the Los Angeles, Atlanta and Dallas offices, according to The New York Times.

Consequences for all

The declare of the office as the center of neo-York economic activity does not affect only the urban landscape of Manhattan, sino que supone una seria amenaza para el futuro de la ciudad en su conjunto.

A cruiser crosses a vacant lot in Times Square, New York, EE.  UU., The Weddings April 1, 2020. Photographer: Jeenah Moon / Bloomberg
A cruiser crosses a vacant lot in Times Square, New York, EE. UU., The Weddings April 1, 2020. Photographer: Jeenah Moon / Bloomberg

The municipal arcades, my golf courses and the pandemic, can be lost in the tax year close to 2,500 million dollars in compensation for the property tax, one of the largest financing windows of the New York Ayuntamiento and which depends on good means of commercial furniture.

Here are the estimates of the municipal authorities, which quieren avoids eso se haga reality impulsando el retorno a las officinas.

For example, the calculus of the city, Bill de Blasio, has decreed that All employees of Ayuntamiento vuelvan were able to leave on the 3rd of May, in a media that directly affects 80,000 people which he came working from his hogares from which he established the pandemic.

According to Blasio, if one of them “Powerful message” about the revelation of the Great Manzana and his “complete recovery”.

“The companies are showing that there is time to turn”, Alcalde explained at a press conference, discussing the progress in vacancies against COVID-19 as a key element.

New York Alcalde, Bill de Blasio.  EFE / EPA / JASON SZENES / Archive
New York Alcalde, Bill de Blasio. EFE / EPA / JASON SZENES / Archive

Review the city

Mientras, many come in this crisis a oportunidad para repensar la ciudad y acabar con algunos problemas que la lastran desde hace mucho, it is the concentration of employees in areas such as the Midtown of Manhattan, the desorbitados prices of the living, the poor state of the transport services or the excessive papel of the automobile in the urban planning.

The pandemic has a “record that the city is not the Midtown of Manhattan, its residential barriers and it is what it imports”, the jueves and a coloquio organization of the Manhattan Institute declare the professor of the Universidad de Columbia Rohit Aggarwala.

Alain Bertaud, researcher at the Marron Institute of the University of New York, on Positive effect can be a reduction in space dedicated to offices and their conversion in living, helping to reduce prices and bringing about a new generation of areas that are now inexhaustible for young people.

Central Park, New York City, United States.  REUTERS / Caitlin Ochs.
Central Park, New York City, United States. REUTERS / Caitlin Ochs.

The transport can also be between the beneficiaries, según Aggarwala, que cree que the transition to a model in which a majority of employees will not be admitted to the office will be allowed to respond to the problem of congestion in the carriages and on boarding which is on the subway during peak hours.

The era of remote work, says the specialized periodical Henry Grabar, can be included in one New York sale and attract many people who have always loved living in Gran Manzana.

“The basic package of services, quality of life, living without a car … the things that New York offers and that no other city of offering offers itself since being unique,” he said.

(With EFE information)

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