NYC is 80 percent back in office!

[Anonymous]

Anonymous wrote:WFH is starting to slim down in the DC area. We recently hired 5 folks whom were let go from their WFH jobs. They are now going to be in the office 5 days a week.

IF WFH opportunities were in abundance, I guarantee you they wouldn't have taken an offer with our company.

My daughter just got hired “fully remote” FinTech that “grandfathered” existing workers at start of 2024.

They are only hiring new hires near corporate office for mandatory in person Tuesday, Wednesday and Thursday each week. I would not count on that “grandfathering” lasting forever.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think that's accurate. Badge system data shows NY at 50% RTO.

That is New York City data. Big employees Chase, Goldman all are fully back. The service workers, cops, subway, garbage men are of course in person as well as Broadway. Restaurants, bars.

I was on a business trip NYC back on October 2022 and it was more crowded than DC was in October 2022. I also went there October 2021 and we went to the roof top bar at a hotel happy hour and I was surprised amount of people out. The offices were empty in 2021 but people were going out. DC was empty on 2021

I'm talking about badge data for NYC. Who cares what you think or what you observed? The data is all that matters.

So every single employer in NYC requires electronic badge swiping and is sending that data to some central authority to compile? Sure.

PP here and this is the data set:

"In Manhattan, our data from 200 buildings and 70,000 cardholders represents the full range of New York City office occupiers and is drawn from a much broader set of properties within Manhattan than any publicly available source. This dataset not only includes iconic properties, with nearly two thirds of the sample coming from Class A commercial buildings, but importantly, also includes a range of other buildings that make this reflective of the city’s entire office real estate market."

[Anonymous]

I have been looking for a job and there has definitely been a shift in DC - I have not seen anything less than 3 days in-person. Most jobs are 4:1.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why do you care where other people work?

OP is probably in commercial real estate. Of course they care.

[Anonymous]

Anonymous wrote:New York City’s Return-to-Office Rate Nears 80%, Driven by Banks

https://super.news/en/articles/2024/04/10/wall-street-firms-propel-nycs-office-return-rate-amid-market-challenges

Come on DC let’s pump it up!

Maybe we’ll consider it when we are all paid like banks.

[Anonymous]

Anonymous wrote:New York City’s Return-to-Office Rate Nears 80%, Driven by Banks

https://super.news/en/articles/2024/04/10/wall-street-firms-propel-nycs-office-return-rate-amid-market-challenges

Come on DC let’s pump it up!

Loser. Get a social life so you don't crave to go back to the office so you can corner everyone in their office or kitchen and talk our ears off about your 6 cats.

[Anonymous]

4.8 million in downtown real estate? What's he own, a hotdog stand?

[Anonymous]

Anonymous wrote:New York City’s Return-to-Office Rate Nears 80%, Driven by Banks

https://super.news/en/articles/2024/04/10/wall-street-firms-propel-nycs-office-return-rate-amid-market-challenges

Come on DC let’s pump it up!

You mean the illegals in free hotel rooms?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why do you care where other people work?

OP is probably in commercial real estate. Of course they care.

What a tool.

[Anonymous]

Anonymous wrote:I have been looking for a job and there has definitely been a shift in DC - I have not seen anything less than 3 days in-person. Most jobs are 4:1.

DC had 4:1 way before Covid. The culture is different.

[Anonymous]

It’s just a different attitude in NY. People are both more ambitious and more of them live in apartments so like going somewhere else to work during the day. We have the same in office requirements in DC and NY, but more people go in in the NY office.

[Anonymous]

Funny because I work in the RE industry and demand for commercial real estate has fallen sharply. There is a flight to quality but there's still a fall in occupancy. Some markets may be different, Chicago is being badly hammered for example. But I suspect there's some selective data cherry-picking going on with the NY data.

[Anonymous]

Anonymous wrote:DC needs to catch up.

Why? Isn’t ever other news article about NYC skyrocketing crime? Return to office seems to have limited benefits.

[Anonymous]

Anonymous wrote:New York City’s Return-to-Office Rate Nears 80%, Driven by Banks

https://super.news/en/articles/2024/04/10/wall-street-firms-propel-nycs-office-return-rate-amid-market-challenges

Come on DC let’s pump it up!

Eat shit, loser.

[Anonymous]

Anonymous wrote:Can't read the whole article. Not clear if that means 80% of workers go to the office at least part of the time, or if workers are in the office 80% of the time. Big difference. Sounds miserable regardless.

80% of the time. Big banks say everyday but with tracking (yes, they are tracking) they want to see employees in the office at least 80% - or 4 out of 5 days.