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Weirdly, companies don't seem to care about this kind of cost. I don't think I've ever seen "we're going remote first to save costs"?

More likely is the "prestige HQ" which is deliberately made more expensive than it needs to be for status.




That's the trend in commercial real estate - prestigious, luxurious, eye-wateringly expensive class A space is doing well, but the bottom has fallen out of the market for practical, cost-effective class B space:

https://therealdeal.com/new-york/2023/06/05/jeff-blau-to-cla...




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