Submitted by psychothumbs t3_11dbqqj in nyc
kiklion t1_ja8qyxl wrote
Reply to comment by BigMoose9000 in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs
Like places that are under lease but only 50% or less utilized due to hybrid/WFH companies who don’t plan on renewing or downsizing if they do?
BigMoose9000 t1_ja9cjfb wrote
Yea, commercial leases are typically for longer terms. My company has a couple offices they've been trying to sublease for years now that are basically abandoned. When the leases expire it's hard to imagine the landlords will have any more luck.
[deleted] t1_ja90dnp wrote
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