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1

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

2

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

3

Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz
Real Estateoffice space

Americans are running out of office space

By
Justin Worland
Justin Worland
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By
Justin Worland
Justin Worland
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February 23, 2015, 10:59 AM ET
Knight Frank, Baker Street, London, UK
Knight Frank, Baker Street, London, UKPhotograph by Dirk Lindner — Getty Images
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This post is in partnership with Time. The article below was originally published at Time.com.

Companies looking to trim the fat are looking to people’s workspaces, according to a new report, leading to a decline in in personal space and privacy at work, even among some corporate employees used to spacious offices.

“Every client we talk to, they’re using less space per person,” Kenneth McCarthy, an economist at the commercial real estate broker Cushman & Wakefield, told the New York Times.

The average space per North American worker in 2012 was 176 square feet, down from 225 in 2010, according to commercial real estate association CoreNetGlobal, and it’s expected to drop to 151 square feet in 2017.

Read more at the Times

 

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By Justin Worland
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