AIG will occupy eight floors at 1271 Avenue of the Americas as it consolidates its local offices.

The prospect of falling occupancies and rent reductions will cause cap rates to rise.

Many are having difficulty completing their programs’ internship requirements, and onboarding for first jobs is challenging via Zoom.

The bank was planning to bring as many as half of its Columbus, Ohio workers back to the office by Labor Day.

Though there are many forces at play, an office environment will remain relevant and important in the long term.

As some office projects push ahead, architects are incorporating new features to allow for more flexibility.

The pandemic has given banks further impetus to downsize and preserve cash.

Issues of cost, access, logistics and employee privacy mean that COVID-19 tests aren’t part of most back-to-work plans.

The project, dubbed the Empire Station Complex, could take 16 years to complete.

The changes come after infectious-disease expert Anthony Fauci told a Senate panel Tuesday that the U.S. is “going in the wrong direction.”