Major U.S. cities turn offices into apartments due to pandemic

LTC Eugene Chu
"Business districts have a vacancy problem. The white-collar workers around the US who fled city centers at the start of the pandemic haven’t all come back yet. Even as some large employers like Google and Apple start to roll out back-to-office policies, it’s looking like many of them may never return.

More US companies are embracing remote or hybrid work and shrinking their office footprint, according to poll data from Gallup. As a result, office buildings in major US cities are experiencing the highest vacancy rate for downtown offices in roughly 30 years."...