The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences.
The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences.
  • Around 75% of companies plan to reduce their office square footage next year, a new survey found. 
  • Robin Powered surveyed over 500 business owners about how their office space is being used. 
  • It found that over 60% of firms are paying $50 or more per square foot of their office space. 

Companies have been pushing workers to return to the office but at the same time have been cutting back on office space which in turn will leave employees with less space to work, a new survey found