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by QIYGT 1226 days ago
> I’m also an Urbanism nerd and don’t want to see cities revert to the 70s-era trend, which is clearly and noticeably happening, destroying decades of progress on livability.

There's more demand than ever before to live in NYC, as evidenced by record high rent prices. Cities don't need to be about offices.

1 comments

I heard the opposite, but I haven't seen any proof in any direction. What I read is that office space in NYC is still expensive, but occupation rate is lower than ever.
I don't think the person you're replying to is talking about office rents. Residential rents are still high, so clearly people still want to live in NYC, regardless of whether or not they're working in an office or work from home.

The number of people who want to live in cities seems to be pretty similar now to what it was before the pandemic. I don't think urbanism is dying, or, if it is, it's not because of remote work.

I would like to revisit this in 3-5 years, without an office there is less motivation to live in a very expensive city like NYC. As leases expire and companies close even more offices, we'll see where all this goes.