Landlords Look To Lavish Amenities To Entice Employees

Only 15% of workers have returned to Manhattan offices, and landlords are trying to navigate how to compete with the growing appeal of remote working arrangements.

Some are offering amenities to provide a better work-life balance for occupants, such as on-site childcare services and dry-cleaning pickup.

Tishman Speyer is even offering free use of a new coworking space, as well as an app that makes scheduling various services, like grocery delivery, easier.

These lavish amenities aren’t necessarily new though. Major companies like Apple and Google have long used amenities and uniquely designed office spaces to lure in new employees.

However, some believe that these offerings are not enough to bring back employees due to the cultural shift that has occurred over the past year. Now, workers want services that appeal to their wellbeing, not their appetite.

“The ice cream socials are appreciated but not a factor,” said Jonathan Wasserstrum, CEO of Manhattan-based commercial real estate broker SquareFoot.