Inside The Office Space Crisis: Real Estate Expert Reveals Shocking Reality Of NYC Market | Forbes

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  • Опубликовано: 19 июн 2023
  • Nick Romito, founder and CEO of VTS, joins "Forbes Talks" to discuss the crisis of office space in major cities like New York City and San Francisco, the impact of the COVID-19 pandemic, and whether anything can reverse the trend of working from home.
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Комментарии • 35

  • @thompaulson5152
    @thompaulson5152 11 месяцев назад +15

    Buzz word galore. They taught me not to use buzz words but that's all business uses now. He's the reason people don't want to go back to the office.

    • @magalengo
      @magalengo 11 месяцев назад +4

      Exactly, I was thinking this guy is at empty suit, corporate stereotypical thinking.

  • @nvda2damoon
    @nvda2damoon Месяц назад

    office is such a soul sucking place.

  • @juanrestrepo302
    @juanrestrepo302 11 месяцев назад +8

    Forget Office Space - That Ship Sailed after the pandemic, it will be hard for companies to get employees to come back into it. Many have moved and relocated, there will be a lot of attrition of experts in different fields if this happens and unemployment continues to be down, so good luck finding qualified replacements.

    • @hteadx
      @hteadx 11 месяцев назад +1

      Hard? Just don’t pay them. Undoubtedly these employees have mortgages and cars they can barely afford and have no 6 months emergency fund. 😢

    • @locks4
      @locks4 11 месяцев назад +2

      ​@@hteadxpaycheck to paycheck is a mutha😢

    • @pjjj23
      @pjjj23 9 месяцев назад +1

      ​@hteadx you do realize people can find other jobs, right?

    • @paullaurencesweeney5255
      @paullaurencesweeney5255 8 месяцев назад

      @@pjjj23 Exactly! For demographic reasons, there are now an incredible number of jobs available across the whole western world at ALL skill levels, from completely unskilled to highly skilled and ultra-specialized. Anybody who wants a job now can hold out for the best offer for their particular situation. People in the West have either had no children or tiny families for decades now and this trend is well established now in non-western countries also. That means that the new generation of workers is the smallest ever, with or without globalization. So hold out for the best offer and best conditions for your own circumstances and take care of yourself!

    • @DavidLee-cw6ci
      @DavidLee-cw6ci 7 месяцев назад

      ​@@hteadxsilly child. I'd take a bit less to not have to waste ten hours of my life per week on a commute. And as soon as someone offers my old salary, and they will, I jump. Things aren't ever going back.

  • @SonofSamClemens
    @SonofSamClemens 10 месяцев назад +2

    Bogus. Office work is not productive. Sitting in a private home office and not looking over your shoulder every two seconds is productive.

  • @JonathanMarcy
    @JonathanMarcy 10 месяцев назад +3

    I see skyscrapers of wind tunnels and turbines, indoor farm land with humidity control, an environment any modern day millennial wouldn't mind growing in to get out of this dreadfully hot sun we seem to be having lately.

  • @piotrpp5478
    @piotrpp5478 11 месяцев назад +1

    good interview

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 11 месяцев назад

    absolutely beautiful

  • @user-hu9mz4fc6x
    @user-hu9mz4fc6x 8 месяцев назад

    very nice informatoin

  • @musicloveranthony
    @musicloveranthony 11 месяцев назад +1

    Great interview

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    absolutely building villages of the university model

  • @JonathanMarcy
    @JonathanMarcy 10 месяцев назад +1

    Oh look, empty floor plans. Looks like great greenhouse real estate.

  • @TalkA.I.
    @TalkA.I. 11 месяцев назад +2

    WFH is secondary as to why places like SF are feeling it. Many larger businesses have relocated amid the tax and other policies of these states.

    • @KayFabe87
      @KayFabe87 11 месяцев назад

      SF is a crime-ridden hellhole and a dystopian nightmare. People don't feel safe there and retailers are being shoplifted out of businesses as the police remained handcuffed, being told not to enforce the law. Even when they do make arrests, the woke DA refuses to prosecute. SF is dead.

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 11 месяцев назад

    Lean Mean Administrative Teams !

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    Micro campuses and Mscro Facilities

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    what is the economic jm nebraska

  • @mariarahelvarnhagen2729
    @mariarahelvarnhagen2729 11 месяцев назад +1

    How Do You Tell The Difference Between Pinnacles And Palindromes ?

  • @agpc0529
    @agpc0529 8 месяцев назад

    New York commercial real estate is about to collapse. Once the first domino falls the whole thing is gonna fall

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    a rompid room

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    San Jose is turning the Facilities into live work facilities CaSunBuds@
    Bending the paradigm

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    The solution is Nor Cal CGA@
    Agro Tech rehabilitation regeneration reinterpretation asylum have returned!

  • @mienaikoe
    @mienaikoe 10 месяцев назад +1

    What is this comment list? lol

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 11 месяцев назад

    E Commerce except for Tech CMP Manufacturing System. Veeco! SF has lost 1/3 of its tech collapse populace !
    Auslane

    • @locks4
      @locks4 11 месяцев назад

      Industrial!

  • @sugarman08
    @sugarman08 10 месяцев назад

    THAT MAN WILL SOON BE BROKE😅😢😢😮😂😂😂

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 10 месяцев назад

    I am
    leasing the Buildings for Agro Tech Maritime R’D of the California Medicinal Agricultural Industry Civil Re Engineering. SF has been collapsing since 1972! CaSunBuds@ LLC Nor Call CGA@
    Mobility is the ‘key

  • @michaelwoodsmccausland5633
    @michaelwoodsmccausland5633 11 месяцев назад

    Industrial Commercial is a thrift fire sale Selecting Our Bases of apparitions for MAMS@/ Nor Cal CGA@/ CaSunBuds@ & Affiliates!
    Auslane

    • @locks4
      @locks4 11 месяцев назад

      Industrial commercial is the way to go