Workers Are Better Together, Says Blackstone's Gray

The video discusses the impact of COVID-19 on New York City's office space, highlighting the shift in work habits and the potential for reduced office space needs. It emphasizes the importance of in-person collaboration for company culture and creativity. The speaker predicts some companies will need less space, creating vacancies and opportunities in real estate. Globally, office trends vary, with full capacity in China and less home space in Europe, suggesting a potential return to offices, albeit not as before.

How does the situation in China and Europe differ from that in the United States regarding office space?

What does the speaker suggest about the future of hybrid work models?