GOSSIP & RUMORS: REBNY takes big step in correcting office-occupancy misperceptions
In an overdue, welcome step, the Real Estate Board of New York’s reports on office building visitation — i.e., physical occupancy by employees — will now be released every month. The REBNY data based on Placer.ai location data was previously issued quarterly.
REBNY director of market data and policy Keith DeCoster said, “As we work with Placier, our goal is always to provide more detail. It took us time to dig through all the different buildings, but we feel confident that moving forward, we can provide monthly data including some week-by-week details.”