To shed light on these questions, the Jacobs Urban Tech Hub at Cornell Tech partnered with Habidatum, an urban analytics firm.
Looking at data on population movements and business locations, we found that Midtown remains the functional center of a fast-expanding region. Zooming in to the block level, we show how this expanding reach is rewriting the competitive landscape for commercial real estate throughout the region's most important central business district, putting buildings in more direct competition with outlying areas and neighboring cities.
Looking at data on population movements and business locations, we found that Midtown remains the functional center of a fast-expanding region. Zooming in to the block level, we show how this expanding reach is rewriting the competitive landscape for commercial real estate throughout the region's most important central business district, putting buildings in more direct competition with outlying areas and neighboring cities.
More than three years after the arrival of COVID-19, New York City's recovery continues. However, home-based work is still widespread, leaving many office buildings under-utilized. Anxiety about the future of Midtown Manhattan and other commercial centers is growing as the region restructures around new work arrangements.
But is there a silver lining for New York City in a future of hybrid work? What role will Midtown play when commuters take advantage of newfound freedoms to move further out from the region's core? And how will extreme commuting reshape the map of the Northeast?
But is there a silver lining for New York City in a future of hybrid work? What role will Midtown play when commuters take advantage of newfound freedoms to move further out from the region's core? And how will extreme commuting reshape the map of the Northeast?
HYBRID ADVANTAGE:
HOW NEW WAYS OF WORKING AND LIVING ARE RESHAPING THE NEW YORK METROPOLITAN REGION.
HOW NEW WAYS OF WORKING AND LIVING ARE RESHAPING THE NEW YORK METROPOLITAN REGION.
To shed light on these questions, the Jacobs Urban Tech Hub at Cornell Tech partnered with Habidatum, an urban analytics firm.
Looking at data on population movements and business locations, we found that Midtown remains the functional center of a fast-expanding region. Zooming in to the block level, we show how this expanding reach is rewriting the competitive landscape for commercial real estate throughout the region's most important central business district, putting buildings in more direct competition with outlying areas and neighboring cities.
Looking at data on population movements and business locations, we found that Midtown remains the functional center of a fast-expanding region. Zooming in to the block level, we show how this expanding reach is rewriting the competitive landscape for commercial real estate throughout the region's most important central business district, putting buildings in more direct competition with outlying areas and neighboring cities.
More than three years after the arrival of COVID-19, New York City's recovery continues. However, home-based work is still widespread, leaving many office buildings under-utilized. Anxiety about the future of Midtown Manhattan and other commercial centers is growing as the region restructures around new work arrangements.
«ut is there a silver lining for New York City in a future of hybrid work? What role will Midtown play when commuters take advantage of newfound freedoms to move further out from the region's core? And how will extreme commuting reshape the map of the Northeast?
«ut is there a silver lining for New York City in a future of hybrid work? What role will Midtown play when commuters take advantage of newfound freedoms to move further out from the region's core? And how will extreme commuting reshape the map of the Northeast?
HYBRID ADVANTAGE:
HOW NEW WAYS OF WORKING AND LIVING ARE RESHAPING THE NEW YORK METROPOLITAN REGION.
HOW NEW WAYS OF WORKING AND LIVING ARE RESHAPING THE NEW YORK METROPOLITAN REGION.
