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Reply to "I thought RTO was about increasing resignations?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Return to the office is about people who own buildings not losing money. The commercial real estate business was really hurting when people were working at home and their buddies don’t want them to lose money.[/quote] I think CRE vacancies are still around 20-25% in DC. I go against biglaw people in my job and whenever we have zoom calls, they all are quite clearly at their houses. I don’t think Feds alone can save CRE. [/quote] We just cancelled our commercial lease to cram into an ancient federal building. That does not help CR.[/quote]
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