Americas

How Manhattan Office Life Is Changing

By Mihir Zaveri

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It’s Monday.

Weather: Bright and windy, with gusts above 50 m.p.h. High in the mid-50s.

Alternate-side parking: Suspended today for Passover.

When the pandemic hit, Manhattan businesses emptied out. A year later, about 90 percent of office workers are still working remotely, according to a recent survey of major employers by the Partnership for New York City, a business group.

While some real estate experts predict a rebound in occupancy rates in the summer months, it is increasingly likely that work life in New York is undergoing a sea change, as companies and their workers embrace remote work.

[No city in the United States, and perhaps the world, must reckon with this transformation in office life more than New York.]

The changes

Spotify’s headquarters, which fill 16 floors of 4 World Trade Center, may never be full again: The company has told its employees they can work anywhere, even in another state.

MediaMath, an advertising tech company in the same building, is planning to abandon its space, a decision fueled by its remote-work arrangements during the pandemic.

In Midtown Manhattan, Salesforce expects workers to be in the office just one to three days a week.

JPMorgan Chase & Co. is considering a work model where employees would rotate between working remotely and in the office.

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