To use San Francisco as an example, the city had about 78 million square feet of office space in 2018. If just 20% of companies renting that space elect to cut their footprint by half, that’s 7.8 million square feet of newly available space. Even if you assume that half of that space wouldn’t be appropriate for conversion, you still have nearly 4 million square feet to play with. … [Read more...] about The coronavirus will reshape how we build offices—and where we build community
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In that case, frequency and cost could be even more crucial to make sure the people that need to take public transit actually can, but those changes could be at odds. “Some of the ways people talk about reducing touch points is fare-free transit. . . . There’s been movement around that, but that entails costs as well. That’s a lot of revenue that you give up,” Taylor says. And with ridership down, transit systems are already under huge financial strain. “If you lost $400 million a year in fair revenues, you have to cut service or get additional revenues to cover the shortfall,” he adds. “The question is, would fare-free transit benefit people more, or more frequent service?” … [Read more...] about Post-pandemic public transit may not end up looking all that different—but its goals may have to change
With companies and employees still suffering across the country as a result of the coronavirus pandemic, the U.S. House of Representatives yesterday passed a new bill meant to address one of the biggest complaints about the federal loan program for small businesses—how they can spend the money. Under the bill, which passed the House almost unanimously and will head to the Senate next week, some restrictions for the Paycheck Protection Program, or PPP, would be relaxed. Here’s a breakdown of what would change: … [Read more...] about Paycheck Protection Program rules could get easier under House bill: Here’s what it would do
3-Point Analysis | These companies may gain as global supply chain gets reconfigured Big Story | Decoding the importance of CSR for corporates Ideas For Profit | Is elevated rural exposure Dabur's Achilles heel? … [Read more...] about Ideas For Profit | Will HDFC’s resilient performance hold out amidst COVID-19 uncertainty?
Himanshu has a home loan with a tenure of 15 years. He serviced the loan for seven years. Before traveling to India, he is ensuring that his house is rented out, to service the home loan, if the amount is good. He plans to sell his house some six months after coming to India, by appointing an agency to take care of an auction on commission basis. “This way, you don’t have to do a distress sale of your house at a lower price in the present economic crisis,” says Girilal. … [Read more...] about COVID crisis: Money matters NRIs must fix before returning to India for good