I guess we're seeing the "acceptance" phase of corporate real estate adjusting to the new labor market, although their version of acceptance seems to be to push for total deregulation to convert their office investments into unlivable living spaces.

The fundamental issue is most modern office towers are not feasible for residential use, and there isn't enough retail demand to turn them into vertical malls. The unfortunate answer is that a lot of these buildings probably need to be demolished a replaced with actually functional architecture, but there isn't a feasible way to demolish many of them.