Not even 30 percent of Manhattan’s 1 million workers are back in their offices — and just 8 percent are at their desks full-time, according to a new survey.
Over half of the employees are still fully remote, according to the poll by the business group. The Partnership for New York City that surveyed major employers in late October.
They expect almost half of their workers to be in the office on an average weekday by Jan. 30, but a third of the companies also plan to slash their space requirements over the next five years, the survey found.
Office vacancy rates in New York City are now at a 30-year high of 18.6%. The value of the city’s commercial real estate has fallen by $28.6 billion, or 16.6%, reducing property tax revenue by up to $1.7 billion this fiscal year, according to a recent report from New York State Comptroller Thomas DiNapoli.