Inside The Office Space Crisis: Real Estate Expert Reveals Shocking Reality Of NYC Market | Forbes

Nick Romito, founder and CEO of VTS, joins "Forbes Talks" to discuss the crisis of office space in major cities like New York City and San Francisco, the impact of the COVID-19 pandemic, and whether anything can reverse the trend of working from home.

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[thompaulson]

Buzz word galore. They taught me not to use buzz words but that's all business uses now. He's the reason people don't want to go back to the office.

[juanrestrepo]

Forget Office Space - That Ship Sailed after the pandemic, it will be hard for companies to get employees to come back into it. Many have moved and relocated, there will be a lot of attrition of experts in different fields if this happens and unemployment continues to be down, so good luck finding qualified replacements.

[JonathanMarcy]

I see skyscrapers of wind tunnels and turbines, indoor farm land with humidity control, an environment any modern day millennial wouldn't mind growing in to get out of this dreadfully hot sun we seem to be having lately.

[SonofSamClemens]

Bogus. Office work is not productive. Sitting in a private home office and not looking over your shoulder every two seconds is productive.

[TalkA.I.]

WFH is secondary as to why places like SF are feeling it. Many larger businesses have relocated amid the tax and other policies of these states.

[JonathanMarcy]

Oh look, empty floor plans. Looks like great greenhouse real estate.

[michaelwoodsmccausland]

absolutely building villages of the university model

[mariarahelvarnhagen]

How Do You Tell The Difference Between Pinnacles And Palindromes ?

[agpc]

New York commercial real estate is about to collapse. Once the first domino falls the whole thing is gonna fall

[michaelwoodsmccausland]

The solution is Nor Cal CGA@
Agro Tech rehabilitation regeneration reinterpretation asylum have returned!

[michaelwoodsmccausland]

San Jose is turning the Facilities into live work facilities CaSunBuds@
Bending the paradigm

[michaelwoodsmccausland]

E Commerce except for Tech CMP Manufacturing System. Veeco! SF has lost 1/3 of its tech collapse populace !
Auslane

[michaelwoodsmccausland]

I am
leasing the Buildings for Agro Tech Maritime R’D of the California Medicinal Agricultural Industry Civil Re Engineering. SF has been collapsing since 1972! CaSunBuds@ LLC Nor Call CGA@
Mobility is the ‘key

[michaelwoodsmccausland]

Industrial Commercial is a thrift fire sale Selecting Our Bases of apparitions for MAMS@/ Nor Cal CGA@/ CaSunBuds@ & Affiliates!
Auslane