Offices in New York and other big US cities last week filled to their highest levels since the pandemic hit, but occupancy still hasn’t surpassed 50% in most places.
New York offices tracked by security firm Kastle Systems were 47.8% full in the week ended Oct. 12, up from about 44% in the previous two weeks, each of which had school holidays that kept some workers homebound. That’s the highest occupancy since early March 2020, right before Covid-19 lockdowns took effect. Kastle’s 10-city average occupancy also reached a post-pandemic high, at 49%, boosted by cities such as Austin, Texas, where offices are nearly two-thirds full.
