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
Office Buildings | Apr 21, 2015
How to create an 'emotionally intelligent' workplace
Emotional intelligence is the leading predictor of performance in the workplace and the strongest driver of leadership and personal excellence.
Office Buildings | Apr 8, 2015
Facebook plans to build two more Frank Gehry-designed offices
In addition to office space, Facebook’s development involves a bridge for pedestrians and cyclists.
Mixed-Use | Apr 7, 2015
$100 billion 'city from scratch' taking shape in Saudi Arabia
The new King Abdullah Economic City was conceived to diversify the kingdom's oil-dependent economy by focusing more in its shipping industry.
Green | Apr 7, 2015
USGBC survey shows Fortune 200 companies prioritize green building
The world’s top-performing companies are prioritizing sustainability as part of their corporate social responsibility efforts, and a majority of them are using LEED to achieve their goals, according to the new survey.
Office Buildings | Apr 1, 2015
Facebook opens Gehry-designed headquarters: ‘The largest open floor plan in the world,’ says Zuckerberg
Employees have started moving into Facebook’s new headquarters, a 435,555-sf building in Menlo Park, Calif., whose famed architect Frank Gehry describes as “unassuming, matter-of-fact, and cost effective.”
Office Buildings | Apr 1, 2015
IBM's supercomputer Watson finds new home in Manhattan's Silicon Alley
The new headquarters for the former Jeopardy champ was conceived as a showcase for Watson’s capabilities, and as an inspirational workspace for Millennials and idea generators of all ages.
Office Buildings | Mar 29, 2015
Chance encounters and the ‘action’ office: Do collisions spark innovation?
Google, Facebook, Samsung, and Tencent have all unveiled plans for “action” offices designed to get their people moving, interacting, huddling, collaborating—all in the name of innovation.
Codes and Standards | Mar 12, 2015
Energy Trust of Oregon offers financial incentives for net-zero buildings
The organization is offering technical assistance along with financial benefits.
BIM and Information Technology | Mar 11, 2015
Google plans to use robots, cranes to manipulate modular offices at its new HQ
Its visions of “crabots” accentuate the search-engine giant’s recent fascination with robotics and automation.
Modular Building | Mar 10, 2015
Must see: 57-story modular skyscraper was completed in 19 days
After erecting the mega prefab tower in Changsha, China, modular builder BSB stated, “three floors in a day is China’s new normal.”
