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COVID-19 and Real Estate

How the global coronavirus pandemic is affecting commercial real estate and the workplace

Real Estate - Commercial property
Cafe - Design
Building - Graphics
Walking around midtown Manhattan, one can feel a ghost town vibe. Office spaces have been left empty and there are few pedestrians. Even flagship retail spaces, ones designed to lose money, have closed up shop. Only 10 percent of midtown Manhattan workers have returned to their offices, and New York governor Andrew Cuomo recently announced that he plans on reviewing...
Jack Frost is coming for the wave of al fresco dining and shopping sweeping across the nation. As many can attest, for some, he’s here already. Cold temperatures are turning ‘streeteries’ and ‘streetailers’ into ice boxes, threatening one of the last lifelines retail owners have to stay in business. Now nearly nine months into the pandemic, it’s become clear outdoor...
Offices have come a long way in the last year. With COVID-19 imperiling in-person work and in particular crowded spaces, our workplaces have had to evolve or die. Some of these changes have been drastic and unfortunate, like the closing of amenity spaces or the introduction of one-way hallways. But others have been more fortuitous, like the rise in adoption...

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