4 ms·

Quaint. Big bankers complaining worker productivity is down during a still ongoing pandemic. They just want their office buildings to stop losing value. https:/

• dehrmann 3y ago
  JP Morgan does something like $38B in income per year. Its new HQ is $3B. Spot lease prices might be down 50%, but since the building has a 60-year lifespan, it won't be that big of a deal long-term. That's for a company that owns. Companies that rent don't care. While some of these companies own commercial real estate, they're not really commercial real estate companies.