The balance of power has definitely changed.
White collar workers are proving they can work remotely for the last 5 months. What does this mean for your office space negotiation?
More space available means more power for tenants when negotiating with their commercial landlord. Vacancies are expected to be hitting New York. Has your revenue suffered as a result of Covid 19? This may lead to even more bargaining power in counter intuitive way. Let GE Grace lead the way.