EPISODE · Mar 23, 2021 · 27 MIN
What's Really Happening in the Office Market: Spring 2021
from CUNY TV's The Stoler Report
Uncertain describes today's office market. A 15% occupancy, coupled with a year-long work-at-home tenant has led to a soft office market. Guests expect tenants to carefully re-evaluate space needs. The Garment Center shows a small come back, PPP is helpful, but "C" & "D" office buildings and small tenants have difficulty getting financing. Co-working, life sciences, political and safety issues discussed.
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What's Really Happening in the Office Market: Spring 2021
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