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Conor Sen

There’s a Silver Lining for Returning Office Workers

To lure employees back, companies will be able to offer more space in premium places.

Premium office space is getting cheaper.

Premium office space is getting cheaper.

Photographer: Angela Weiss/AFP

Perhaps no part of the economy has a more uncertain future right now than office buildings.

The pace of workers coming back into offices is more of a trickle than a flood. And enough tenants are choosing not to renew as leases come due that vacancy rates are skyrocketing, particularly in expensive cities.