Journal Article

Downtown Office Use Has Declined, but Some Metropolitan Areas Are Faring Better than Others

Abstract: Hybrid working has cut demand for office space, especially in the downtowns of medium and large metropolitan areas. However, the degree of this decline has varied considerably across metropolitan downtowns, with demand remaining solid in many.

Keywords: Office buildings; Hybrid work; real estate;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Bulletin

Publication Date: 2024-03-25

Pages: 4