NEW YORK CITY-Hoteling, co-working, telecommuting. The retirement of the Boomers and the emergence of Gen Y. The digitization of our tools and jobs.
The office is in a revolutionary transition, and Thursday's Worktech13 Conference at the Time Life Building here underscored the massive upheaval corporate real estate is faced with, even up to a few dropped hints that the office is less relevant than it once was.
In fact, Doug Marinaro, president and COO of office space provider LiquidSpace, says his firm has no real estate at all. “Every 45 days we choose a headquarters for a week,” he says, “and the money we save on real estate we can put to airfares.” He went so far as to refer to “the era of unbuilding.”
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
