Zain Jaffer says there are a number of counter forces and niche considerations that make up the larger picture of COVID-19 and the impact it leaves on the office real estate market will not be distributed equally.
Tech startup Doorkee has raised $5.7 million from New York City landlords Simon Baron Development, Stonehenge NYC and Bushburg Properties, among other investors.
COVID-19 has accelerated companies' acceptance of remote work, but social-distancing measures mean that they will continue to require roughly the same amount of office space.
The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, Colliers says.