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January 19.2026
2 Minutes Read

Is the Return-to-Office Trend Gaining Momentum in 2026?

Return-to-Office Numbers Hold Strong

Return-to-Office Trends in 2026: A Steady Climb

Despite facing numerous fluctuations, the trend of returning to the office (RTO) shows steady improvement as 2026 kicks off. According to the recent Placer.ai Office Index, December 2025 marked the highest office attendance since the pandemic began, with a notable drop of just 33.1% in foot traffic compared to December 2019, an improvement from previous years which saw declines of over 39%. This recovery aligns with typical patterns of RTO as employers push for increased office presence.

Regional Variations: Miami and Dallas Lead the Charge

In terms of geographical recovery, Miami emerges as the front-runner in returning to the office with only a 10.9% decrease in attendance from 2019. Dallas follows closely behind at an 18.8% drop. Surprisingly, New York City ranks third with a 19.6% decline, demonstrating resilience among larger metropolitan hubs. In contrast, cities like Chicago and San Francisco still grapple with larger deficits, with Chicago exhibiting a staggering 47.6% drop in visits, solidifying Miami and Dallas's positions as leaders in the return-to-office strategy.

Challenges Faced by Organizations

Despite positive trends, businesses confront various challenges created by uneven attendance patterns which hinder productivity and vibrancy in office spaces. Over 87% of organizations report difficulties in management due to these inconsistencies. Additionally, many companies are forced to revise their real estate strategies to accommodate fluctuating attendance levels and changing employee expectations. These challenges are exacerbated for companies attempting to maintain engagement without clear attendance policies.

Expectations for the Future: A Four-Day Workweek?

As hybrid work gains momentum, companies are reevaluating their policies. Nearly 70% of employers now require employees to be in-office several days a week. Notably, on the cusp of 2026, some companies are beginning to mandate full attendance for a four- or even five-day workweek. This shift reflects a broader trend in the corporate landscape towards fostering collaboration and engagement through in-person interactions. However, this may inadvertently lead to talent retention issues as employees favor flexibility to better balance personal and professional commitments.

Looking ahead, experts believe that the return to the office will not only stabilize but will also evolve to create environments that foster better interaction and productivity. As businesses refine these policies, it remains crucial to consider employee preferences, as resistance to rigid attendance requirements may trigger turnover and dissatisfaction.

Office Real Estate

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01.05.2026

Navigating the Next Phase of Office Lease Expansion: Insights from Newmark

Update Upcoming Office Lease Expirations: A Transformative Period for the SectorWith a notable wave of prepandemic office leases set to expire in the coming years, the U.S. office market is approaching a critical juncture. According to David Bitner, the executive managing director of global research at Newmark, approximately 1.4 billion square feet of office leases are due to mature between 2025 and 2027. In this transitional phase, tenants are re-evaluating their space requirements while landlords are adjusting their strategies to maintain occupancy amid shifting market dynamics.Understanding Tenant Behavior in Renewal CyclesThe tenant landscape is evolving significantly as leases approach expiration. Newmark’s data indicates that despite higher vacancy rates, many tenants are looking for similar or even expanded office spaces. This behavior reflects a growing confidence in long-term market conditions and hints at an optimistic outlook among businesses regarding their operational needs.Landlord and Tenant Dynamics in a Competitive MarketInterestingly, the negotiation leverage between landlords and tenants diverges based on the type of office space in question. In submarkets with limited availability, such as Manhattan's Park Avenue, landlords find themselves in a favorable position, allowing them to reduce concessions previously granted during periods of higher vacancy. In contrast, landlords of commodity spaces face the challenge of retaining tenants against a plethora of options available in a more occupier-friendly market, where the national vacancy rate hovers near 20.5 percent.Preparing for Change: What Lies AheadAs we look toward the future of the office market, both tenants and landlords must adapt to shifting demands and competitive conditions. The unfolding of these lease expirations will serve as a litmus test for the resilience of office demand, tenant strategies, and landlord adaptability. Companies must be strategic in their lease negotiations, keeping a close eye on evolving economic indicators as they prepare for upcoming changes in the landscape.

10.10.2025

Why Investing in Traditional Workspaces is Key to Retaining Baby Boomers

Update The Vital Role of Baby Boomers in Today’s Workforce Baby Boomers, those born between 1946 and 1964, remain an essential element of the modern workforce. As per the latest reports from the Bureau of Labor Statistics (BLS), over 11 million adults aged 65 and older were part of the labor force in 2024, demonstrating a significant 7% of U.S. workers. Surprisingly, contrary to expectations of early retirement, a 2023 survey by Transamerica revealed that 57% of Boomers intend to work until at least age 70. Such dedication is crucial, especially as they bring invaluable experience and institutional knowledge to the workplace. Why Traditional Workspaces Matter While many organizations have transitioned to modern office designs favoring open spaces and digital communication, Baby Boomers still cling to the traditional office environment, which emphasizes structure and professionalism. A recent Gensler workplace survey reported that 38% of Boomers prefer private workspaces, while 25% enjoy collaboration zones. This preference emphasizes the need for workplaces that accommodate their desire for both privacy and community, reinstating the importance of face-to-face interactions and the professional ambiance of traditional work environments. The Impact of Location on Boomers’ Work Experience Location matters significantly for Baby Boomers, who often lean toward suburban office campuses rather than downtown high-rises. This choice reflects their professional background, particularly in fields like finance and healthcare. With older workers being more inclined to commute by car, access to ample parking and main transportation routes is essential. While flexibility in work arrangements is becoming more common, nearly all Boomers still prefer the routine and predictability that on-site work provides, showing the lasting appeal of traditional office settings. Designing to Retain Talent It's evident that retaining Boomers requires thoughtful workspace design that honors their preferences. With office trends often skewed toward Millennial and Gen Z needs, it’s crucial for businesses to find a balance. By incorporating elements like quiet zones, accessible meeting rooms, and sufficient communal spaces, organizations not only foster comfort but also build an atmosphere of recognition and legacy that resonates with Baby Boomers. In doing so, they not only enhance employee satisfaction but also actively reduce turnover, securing their invaluable expertise for the long term.

10.06.2025

Guggenheim Partners Expands to 360,000 Square Feet at 330 Madison Avenue

Update Guggenheim Partners Expands Presence on Madison Avenue In a bold move underscoring its commitment to Manhattan's central business district, Guggenheim Partners has renewed and significantly expanded its lease at 330 Madison Avenue. This new 17-year agreement increases their occupied space from 240,000 square feet to an impressive 360,000 square feet, solidifying the building's status as a critical location for investment and financial services firms. As of now, the 40-story tower is fully leased, highlighting a shift in the commercial real estate landscape of Midtown East. The Rise of 330 Madison Avenue Since establishing a presence in the building in 2013 with a lease of 186,000 square feet, Guggenheim has steadily increased its commitment to the location. The latest expansion brings the total square footage leased at 330 Madison Avenue to 360,000, a significant boost that further enhances the building's reputation as a premier office destination. Recent renovations have modernized the building, contributing to its LEED Gold certification due to energy efficiency upgrades completed in the early 2010s. The steady investments by different owners, including a $121 million renovation before its acquisition by Munich Re, have transformed this post-war office tower into a high-demand asset. The Broader Context of Midtown Development Guggenheim's expansion is part of a broader trend in Midtown Manhattan, where there's a flourishing demand for quality office space. The resurgence is noteworthy, especially in a post-pandemic world where many firms are re-evaluating their spatial needs. This renewal reflects not only Guggenheim's confidence but also the growing sentiment among tenants in the area looking to capitalize on the convenience of Midtown's transportation networks. Other major firms, including Deutsche Bank and HSBC, have also chosen 330 Madison for their offices, indicative of the building's desirability. Storefront tenants like Citibank and Swedish shirtmaker Eton enhance the overall appeal of the area, providing a blend of services that cater to both the local workforce and visitors. Future of Commercial Leasing The leasing landscape remains competitive, as asking rents in the building are reported at prices ranging from the low $90s to over $100 per square foot, highlighting the premium placed on such strategic locations. The complete leasing of 330 Madison Avenue signifies a heightened demand in the commercial real estate market, further driven by asset managers committed to the changing tides of urban office space. As Munich Re continues its stewardship of the building, including the recent creation of a 10,000 square-foot wraparound terrace for tenants, the future looks promising for Midtown's commercial real estate scene. This trend not only reinforces the ongoing revitalization of this iconic area but also sets the stage for potential growth and opportunity within New York's financial hub.

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