‘Zombie Offices’ Spell Trouble for Some Banks
www.nytimes.com
Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.

This is the real reason for companies wanting people back to the office.

All this talk about collaboration and team spirit is just the publicly given reason for wanting people back to the office.

The real reason is that now the owners of the buildings are losing money.

Cry me a river.

  • Kecessa@sh.itjust.worksEnglish
    40·
    9 months ago

    And you know what’s nice about doing that? It’s people present 24/7 and that means stores and restaurants that can be open even past office hours!

    • Dagwood222@lemm.eeEnglish
      211·
      9 months ago

      It’s funny because back in the day, you could go down to Wall Street on a Sunday and have the whole place to yourself. Today, there are lots of bars and restaurants and groceries.

      • Kecessa@sh.itjust.worksEnglish
        7·
        9 months ago

        The only time I went was about 8 years ago on a Thursday evening and the place was dead, a few people that worked late and were going home, a few tourists here and there and that’s it…

      • Neato@ttrpg.networkEnglish
        7·
        9 months ago

        I was visiting a friend down there and walked back to my hotel at 2am. Literally the only people out were a bunch of cops standing around empty street corners.

        • Dagwood222@lemm.eeEnglish
          62·
          9 months ago

          So, you’re surprised that people with nice apartments full of goodies aren’t hanging out on street corners?