swanky digs closer to NJ where a lot of large pharmas are based - I doubt that was much of a factor but I would think it is that much easier to poach their talent now bc crossing the city from west to east can add 30-40 min to a commute
Death spiral_in_office_space probably_helps_ move_to_swanky digs.
Some places are considering turning some downtown office space into residential housing, but I don’t know how realistic that is.
With so many companies realizing that they can get by with part time work-from-home employment, they’ve been slashing the amount of office space they lease.
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