The Partnership for New York City reports that 43 percent of PR firms are expected to reduce their footprint in the Big Apple in the aftermath of the COVID-19 pandemic.
Only the accounting profession (86 percent) topped the PR business in planning to shrink their office space. The tech sector weighed in at 38 percent.
Real estate (15 percent) and consumer products companies (13 percent) are the most bullish on NYC’s recovery.
The Partnership found that on the average weekday 28 percent of Manhattan workers were at the office at the end of October.
Eight percent of workers were back on a five-day-a-week schedule. Ten percent were in four days; 12 percent were in three days; and eight percent were back one or two days a week.
More than half (54 percent) of Manhattan employees were fully remote.
The Partnership reports that less than half (49 percent) of workers are expected to be in the office on an average weekday by the end of January.
Only 13 percent of them will be in five days a week. A third will be in three days per week.