Opinion: Dear entitled white-collar workers: Time to grow up and return to the office
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Millions more workers have been called back to the office, even at traditionally remote companies such as Zoom and Amazon

Millions more workers have been called back to the office, even at traditionally remote companies such as Zoom and Amazon

  • Staple_Diet@aussie.zone
    ·
    1 year ago

    Yes, but the building codes differ massively between commercial and residential. In most cases the entire building would need to be torn down and rebuilt.

    Plus the financial models are very different. Commercial properties like office towers are bought on the basis of their lease values, whereas residential buildings are based off of individual sale values. This can mean commercial property can diminish massively in the face of reduced demand.

    The best demonstration is the St Louis AT&T Tower story