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New Directions for Office Space

10.5.20 | Industry Insider

John Fitzgerald, Partner at Berdon LLP sits with Gabe Marans, Senior Managing Director, New York, Savills, Inc. to survey the current state and future of office space.

The speakers look into the eventual return to offices – both when and at what level of capacity. They factor in considerations that drive a return including socialization, bonding, client contacts as compared to the advantages of home offices and a shift in employee needs and lifestyle changes. The conversation extends to issues in leasing including considerations for short-term vs. long-term leases, the impact of technology on space needs, and the need to build in flexibility to adjust s needs and economic conditions change. They also look at trends in rents and uncertainty over the current political climate.

View the video below.