- The ongoing widespread adoption of three-day in-office workweeks will cost NYC’s restaurants, retailers and transportation services $12.4 billion in lost revenue this year.
- Despite the gradual return to offices, badge trackers show that office attendance is still 30% below pre-pandemic and 45-50% lower on Mondays and Fridays.
- “That means that the average worker is spending $4,661 less per year on meals, shopping and entertainment”.
- NYC mayor Eric Adams is pushing business leaders to mandate more in-office days, claiming service workers are at risk.
Remote Work Costs NYC $12 Billion a Year By Killing Big Offices
(02/12/2023)