Office workers in Manhattan continue to return to their workplaces in sufficient numbers for many of their employers to maintain or expand their footprint in the city, according to a survey of more than 140 major Manhattan office employers conducted in January by The Partnership for New York City.
The survey found that 52% of Manhattan office workers are currently at their workplace on an average weekday, up from 49% in September 2022. Hybrid working arrangements are still the norm, as just 9% of employees are in the office five days a week, a percentage that is unchanged from September.
The share of office employees that are fully remote, though, dropped from 16% in September 2022 to 10% as of late January. For employers with a hybrid model, the survey reports that 59% of employees are in the office at least three days a week.
While 29% of employers have reduced their real estate footprint since February 2020, 17% increased their footprint, and 54% had no change. A larger share of employers (26%) expect to increase their real estate footprint over the next five years than expect to reduce it (18%); the majority (56%) expect to maintain their current footprint.
About half (48%) of employers expect to increase their New York City workforce, 45% expect to maintain current headcount, and only 7% expect to reduce headcount.
The majority of respondents are in financial services (37%), real estate (17%), law (11%), tech (6%), media (6%), and consulting (4%). The majority of surveyed employers have offices in Midtown West (54%), Midtown East (23%), or the Financial District (15%).
Related Stories
Giants 400 | Aug 8, 2019
2019 Office Giants Report: Demand for exceptional workplaces will keep the office construction market strong
Office space consolidation and workplace upgrades will keep project teams busy, according to BD+C's 2019 Giants 300 Report.
Office Buildings | Jul 12, 2019
How Millennials, Gen Z, and technology are changing workplace design
In the workplace, the only constant is change.
Office Buildings | Jul 11, 2019
Designing successful workplaces for an unknown future
The traditional model of signing long-term leases, committing extensive capital to an inflexible solution, and then calling it a day is no longer viable.
Office Buildings | Jul 5, 2019
This will become the tallest shipping container building in the world
Patalab is designing the building.
Design Innovation Report | Jun 25, 2019
2019 Design Innovation Report: Super labs, dream cabins, office boardwalks, façades as art
9 projects that push the limits of architectural design, space planning, and material innovation.
Office Buildings | May 29, 2019
Smart buildings can optimize wellness
Employees want wellness initiatives built into their work experience, especially when they’re in spaces that can leave them feeling stiff, stressed, and sick.
Office Buildings | May 29, 2019
HQ2 in cue: Amazon’s Arlington, Va., headquarters has energy-efficient design
With more than two million sf of LEED-certified office space planned, Amazon's new designs for its second headquarters in Arlington, VA, also will have green space, a one-acre park, and bicycle and public transportation access.
Sustainability | May 28, 2019
Carrier’s world headquarters in Florida goes green
The structure is the first commercial building in Florida to achieve LEED Platinum v4 Certification.
Office Buildings | May 14, 2019
Sail on, Royal Caribbean: HOK-designed headquarters celebrates cruise ship industry
The building’s design is inspired by the design of its fleet of cruise ships—with flowing lines.
Mixed-Use | May 2, 2019
A series of green bridges will connect these two towers in Shenzhen, China
Steven Holl Architects designed the project.