Massive Land Grab
by UPFINA
Article of the Week from UPFINA
New York Governor Cuomo stated that he would lift almost all COVID-19 rules for businesses and social settings when the one dose vaccination rate hits 70%. It’s currently at 68.6% which means we are very close to normalcy. Despite this, most workers haven’t gone back to the office. In New York City, the office occupancy rate is 18.2%. The 10 city average occupancy rate stayed at 29% in the week of June 2nd which is shocking because we expected the rate to improve in June. If it doesn’t improve in June, when will it improve? We are within 3 months of having a great idea of how the new workplace will look in the future.
Source: http://econintersect.com/pages/analysis/analysis.php?post=202106090356
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