for The Wall Street Journal: Midtown Manhattan With Fewer Office Workers, Imagining the Unthinkable by José A. Alvarado Jr.

News

for The Wall Street Journal: Midtown Manhattan With Fewer Office Workers, Imagining the Unthinkable

josé a. alvarado jr.

Jul 18, 2022

Location: New York City

Summary

https://www.wsj.com/articles/midtown-manhattan-with-fewer-office-workers-imagining-the-unthinkable-11647941402?st=9ciloq9vn6qf8tm&reflink=desktopwebshare_permalink

People want to live in Manhattan as much as they ever have. The problem is that not enough people want to work there. And for Midtown Manhattan, a neighborhood built on the five-day-a-week commuter, that is a problem so momentous that after decades as the dominant office district in the country, real-estate developers and city planners are trying to imagine what else it can offer.

On the residential side, Manhattan apartment rentals are booming and sales are reaching record levels. But offices in Midtown are attracting barely one-third of their pre-pandemic workforces. “There’s no question that Midtown is going to have to reinvent itself,” said Chris Jones, a senior research fellow at the Regional Plan Association, an urban-planning group.

Photography and Video for The Wall Street Journal, with words by Kate King, Roque Ruiz, and Konrad Putzier.

Midtown Manhattan With Fewer Office Workers: Imagining the Unthinkable
The pandemic emptied out buildings in one of the busiest office districts in the country, and New York officials now face the reality that the Midtown economy might never be the same.
Wsj.com

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José A. Alvarado Jr.

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