Source: NEREJ —
Halfway through July and things are humming – not back to pre-pandemic levels, but getting there. We are unlikely to get back 100%. COVID is a game changer – working from home being the biggest change. I am skeptical that large cohorts will insist on working from home. We (homo sapiens) are social animals. A recent Washington Post article stated that 83% of CEO’s want employees back full-time, but only 10% of workers want to go back full-time! IBM just leased 150,000 s/f at Crosspoint (former Wang Towers in Lowell, Mass.). They are consolidating 16 smaller local offices. The answer is somewhere in the middle – I am guessing 70% – 75% back in the office at least 3 – 4 days per week.