[mapgrep]

The best insight in the article is actually this:

> cheaper real estate presents an opportunity for employers with vision

On top of any deterioration in office rents, companies need way less space than they used to since people are working from home many days. This opens up many possibilities that will IMO keep offices in prime markets filled:

-companies take more space per person in office for same cost, providing desks

-companies that couldn’t afford prime markets move in and use them as mainly collaboration spaces (“let’s all work out of Manhattan next week while we finish this project”)

-companies downsize in prime markets but reorient toward specific events - brainstorming, project closings, strategy retreats, get to know each other, cross department workshopping etc etc