, Columnist
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.
Photographer: Angela Weiss/AFP
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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.