Big-City Offices Remain Mostly Empty Amid Remote Work

Big-City Offices Remain Mostly Empty Amid Remote Work
The Willis Tower (C), formerly known as the Sears Tower, dominates the southern end of the downtown skyline in Chicago, Ill., on March 4, 2015. Scott Olson/Getty Images
Greg Isaacson
Updated:

Offices in America’s biggest cities are still less than half occupied, reflecting the impact of remote work despite an ongoing campaign by many employers to summon workers back to their desks.

According to a weekly update by access control company Kastle Systems, offices across 10 cities were just 37.8 percent occupied on average as of Nov. 23. That figure was down from 48.1 percent the previous week, due to employees taking off early for Thanksgiving, but the drop was steeper than in the same period last year.
Greg Isaacson
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
twitter
Related Topics