Remote work is starting to hit office rents

Re:Remote work is starting to hit office rents by ghaff on Wednesday March 22, 2023 @11:00PM (#35270013)

That was a good piece in the NY Times. I'm skeptical about what probably an expensive lower-story apartment with a view out into basically a lightwell would be like. I've had hotel rooms like that but maybe this is better done.

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Re:Remote work is starting to hit office rents by Kon-Peki on Thursday March 23, 2023 @12:07AM (#35270427)

I’d be really skeptical too, and I hope the price-per-square-foot is much lower to compensate.

I would imagine that some well-angled mirrors near the top of the building can greatly increase the amount of light that goes down that hole.

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Re:Remote work is starting to hit office rents by rsync on Thursday March 23, 2023 @02:27AM (#35271102)

"I'm skeptical about what probably an expensive lower-story apartment with a view out into basically a lightwell would be like."

The key here (I assume) is that it is a 90 year old skyscraper (according to your parent) and those older buildings are, generally, easier to convert and have a smaller floor plate, etc.

Of course I have no idea about this particular building but word on the street is, older office buildings have a better chance of being good candidates.

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Re:Remote work is starting to hit office rents by rippercushions on Thursday March 23, 2023 @02:52AM (#35271270)

I would assume older buildings to have larger floor plates? Many of New York's newer skyscrapers, esp. the "one luxury apartment per floor" kind, are really skinny.

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Re:Remote work is starting to hit office rents by bobthepanda on Thursday March 23, 2023 @03:28AM (#35271505)

For office buildings, no.

Older office buildings tend to be geared towards small offices for smaller businesses, like small law practices. Modern cubicle farms are much larger, open offices even more so.

Also, older regulations on building forms pre-war required more setbacks at taller heights, creating the “wedding-cake” style tower common during that time. The modern glass box is generally wider.

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Re:Remote work is starting to hit office rents by dsq on Thursday March 23, 2023 @05:49AM (#35272276)

Perhaps a matter of taste, but the older buildings are more attractive visually which raises their desirability. 1930s Art Deco beats steel and glass. They are also very centrally located in the inner core.

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Re:Remote work is starting to hit office rents by ghaff on Thursday March 23, 2023 @06:11AM (#35272426)

The 180 Water Street with the courtyard added in the Times article is an example of a newer building (1970).

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