This week, the Real Estate Board of New York (REBNY) released the results of an analysis using what it said is a proprietary Placer.ai algorithm that identifies when a "mobile device visit" to an office building is coming from an office employee.

The algorithm also can track when the same device visits an office building but goes to other parts of the building, including "retail, hospitals, schools, etc. that are also contained within Manhattan's office buildings"—public areas of buildings.

The key finding of the analysis, called the Manhattan Office Building Visitation Report (Visits by Weekday) is that while workplace visits are tracking heavily on Tuesday through Thursday of each week—and drop off on Mondays and Fridays—this not a fully accurate appraisal of the total activity in that building.

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