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Old Posted Mar 6, 2013, 2:59 PM
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Mr Downtown Mr Downtown is offline
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Quote:
Originally Posted by the urban politician View Post
the conditions for a few new office towers seem to be brewing.
I'm not quite so bullish. A lot of the new tech firms are squeezing people in at tables, not even cubicles, much less perimeter offices. Average square footage per worker has been declining steeply over the last decade. So I think the existing stock will absorb a lot of employment growth for a while, with only one new tower every three years or so, financed by churning the big law or accounting firms.
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