As remote and hybrid work models are becoming more and more popular, many of New York City’s skyscrapers are half-empty. A return to the office is underway, but many companies allow staff to work remotely indefinitely. Meanwhile, landlords are struggling to fill vacant spaces and retain existing tenants by offering never-before-seen concessions. Rethinking the NYC skyline In light of these new developments, many have begun to question the role of trophy office buildings and towering skyscrapers. NYC’s skyline is instantly recognizable and a symbol of Manhattan’s position as one of the busiest business districts in the world. But as remote work gains traction, a business address on a prestigious Manhattan street isn’t as appealing anymore. Some experts are urging that vacant office buildings be converted to affordable housing or even hotels. Others are urging city officials and building owners to prioritize sustainability and make their buildings more energy-efficient as a means of enticing tenants and, of course, protecting the environment. With its glistening, sky-piercing skyscrapers, that same iconic NYC skyline is causing some severe damage to the environment and, consequently, to people’s health. According to Green Biz, New York State consumes more fossil fuels in its residential and commercial real estate spaces than any other […]
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