Office isn't completely dead. Instead what we're seeing is an evolution of the asset class, especially in urban areas like New York City Bruce Mosler, chairman of Cushman &  Wakefield, explained to Fox Business.

It's all about providing an innovative work district, that appeals to younger Americans.

"The verdict is in," Mosler said.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.