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
Building Team Awards | May 26, 2016
Cimpress office complex built during historically brutal Massachusetts winter
Lean construction techniques were used to build 275 Wyman Street during a winter that brought more than 100 inches of snow to suburban Boston.
Building Technology | May 24, 2016
Tech is the new office perk, says a new survey of American workers
But most employees still see their companies falling on the dull side of the cutting edge.
High-rise Construction | May 17, 2016
Foster + Partners-designed towers approved as part of massive neighborhood redevelopment in San Francisco
One of Oceanwide Center’s buildings will be the city’s second tallest.
Architects | May 16, 2016
3 strategies to creating environments that promote workplace engagement
VOA's Pablo Quintana writes that the industry is looking for ways to increase engagement through a mix of spaces suited to employees' desire for both privacy and connection.
Office Buildings | May 9, 2016
Can you make a new building as cool as a warehouse?
CannonDesign's Robert Benson insists that the industry needs to start looking at traditional office spaces differently.
Building Tech | Apr 13, 2016
The Hyperchair gives employees access to their own personal set of climate controls
Not only can the Hyperchair reduce heating and cooling costs and maximize employee comfort, but it can help a company become more environmentally friendly, as well.
Architects | Mar 20, 2016
Ars Gratia Artis: A North Carolina architect emphasizes the value of art in its designs
Turan Duda says clients are receptive, but the art must still be integral to the building’s overall vision.
Office Buildings | Mar 16, 2016
Google releases new plans and renderings of its Mountain View campus
The original canopy design scheme is still in place, but the plans now call for it to be opaque.
Office Buildings | Mar 10, 2016
Expedia unveils design for Seattle waterfront campus
Transparency and outdoor areas will give the complex a Pacific Northwest vibe.
Office Buildings | Mar 9, 2016
CBRE: Workplace wellness on the rise
As insurance premiums and deductibles continue to rise, both employees and employers are evaluating options to improve their wellbeing, writes CBRE Healthcare Managing Director Craig Beam.
