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photobug56 wrote:Have you ever commuted to NYC?Commute, no. Been a resident and forced to use it on occasion?... yep. Really don't miss the smell of urine with 90% humidity...
In a bid to reshape Midtown Manhattan, Gov. Kathy Hochul and New York State officials are pushing ahead with one of the largest real estate development projects in American history: 10 towers of mostly offices around Penn Station, the busiest transit center in the country.Honestly from out here, when I observe the nearly empty METRA's when I take my morning walk, the number of Loop restaurants that still have reduced hours or have outright closed, I have my doubts.
The buildings would help pay for the renovation of the dreary underground station; the reason officials have said they are seeking the additions to the skyline. But the plan is moving forward amid severe uncertainty gripping the office market: Many companies are trying to reduce their real estate footprint as workers continue to clock in from home
Labor Day marks the line in the corporate sand.
Many company leaders say the end-of-summer holiday represents the best chance to finally lean on workers to return to the office this year.
After months of encouraging white-collar employees to return, or attempting to coax them back with free pizza, warm cookies and catered lunches, many executives now say they feel emboldened to take a tougher stance. No longer can workers merely come to the office if they so choose; this fall, executives say, attendance is expected and the office resisters will be put on notice.
Employers including Apple Inc., Prudential Financial Inc. and BMO Financial Group plan broader September returns at their U.S. offices. Some companies, such as Ally Financial Inc., have sent notes in recent weeks reminding workers to come into the office consistently. Goldman Sachs Group Inc. said it was lifting all vaccination and other requirements to enter most of its offices after Labor Day, eliminating a final barrier to a full return.
On Wall Street, the pandemic is over, at least according to bosses
Citing lower risk from the virus, firms such as Goldman Sachs, Morgan Stanley and JPMorgan are dispensing with covid protocols.