CategoryDemographics

When It Stopped Making Sense: NYC Now Has More People To Buy Strawberries At 3 AM

NYC’s Net Population Has Been Growing For The Past Two Years The Population Gains Largely Came From International Migration Anecdotal Real Estate Broker Feedback Seeing More International Buyers Validated By Data Before I moved to Manhattan, my Dad used to tell me that he could buy strawberries at 3 AM any time he wanted as a resident. After I moved there in 1986, I never had any urge to buy them...

Return To Work Mandates Are Just A Flex

The Quits Rate Is Normalizing Suggesting To Some Old Guard CEOs It's Time To End Remote Work NYC Metro Public Transportation Remains Down By Roughly OneThird Indicating WFH Is Entrenched Misuse of Terminology: Most Discussions About Remote Work Are Really About Hybrid Work Lately I've been reading a lot about companies forcing workers to return to the office (RTO) after 5 years of hybrid or...

We Love To Chillax In Our Homes More Than Before

• The Need To Stay Home Accelerated During Pandemic But Is A Two-Decade Trend
• Work From Home Is Not Going Away Because Amazon Says So
• U.S. Office Use Has Been Stuck At 50% For About Five Years

Why ‘Work From Home’ Is Not A Blip

• Office building values have fallen by 70% or more as office rents plummet
• Vacancy rates of 20% do not nearly reflect the actual amount of vacant office space
• WFH pushed housing costs higher by enabling less compromise on location choices