Kastle’s flawed back-to-work barometer continues to fall short of REBNY data

11-12-2023 Business NY Post - Business 27

It’s time for the “doom loop”-loving media to stop basing office occupancy stories on the deeply flawed Kastle Systems Back-to-Work Barometer. The latest survey by the Real Estate Board of New York estimates Manhattan office attendance at 70% of pre-pandemic levels. Partnership for New York City president Kathryn Wylde concurs, “Our estimate is that we are 72%...

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