A city like New York has this pressure on oversupply of traditional office stock. We also have one of the more progressive energy efficiency laws in Local Law 97, where buildings will start to get charged for inability to meet certain sustainability goals. - Phil Kirschner
The supply and demand reckoning, with tougher sustainability laws becoming a catalyst with teeth. And while Covid put momentum behind Work from X, and reducing commuting from 5 days per week to 3....
GenAI will take out another chunk of 'come into the city center and spend lunch money' commuters.
Change happens slow, Until it happens fast.
Full-Length Conversation
Phil Kirschner: Real Estate, Futures, Workplace | Work 20XX Podcast with Jeff Frick
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- Transcript and show notes - https://www.work20xx.com/episode/phil-kirschner-real-estate-futures-workplace-work-20xx-ep17 - or wherever you podcast
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