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| Re: Not good for transit ... New York has nation's lowest office occupancy rate (1561557) | |||
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Re: Not good for transit ... New York has nation's lowest office occupancy rate |
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Posted by Peter Rosa on Mon Nov 16 13:10:42 2020, in response to Re: Not good for transit ... New York has nation's lowest office occupancy rate, posted by Joe V on Mon Nov 16 10:37:51 2020. They are paying rents until their leases are up whether people are residing in them or not.Commercial leases aren't like one-year apartment leases. They can run for a decade or even longer. As long as the companies are paying rents, they might as well get some value out of them. Otherwise it's like the old saying, buying oats for a dead horse. People throw around the word "productivity" too loosely. Performance is measured by completing tasks on time, and meeting target dates. Where the people are sitting is completely transparent to the customer or in-house, or external user. While they're hard to measure, there are pychological factors too. People being social creatures, most of them need regular contact with others - and I don't mean "virtual" contact. To use my favorite term, chitchat around the office watercooler serves a psychic need even if the content is trivial. And sometimes just being around other people all day is beneficial even if there isn't much interaction. The reverse is that seeing no one except possibly family members all day every day, that's a recipe for unhappiness. And unhappy workers aren't productive workers. |
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