Remote and hybrid work continues to weigh on the office sector. The US office market slumped again this year, entering a new phase of downturn that could last for years to come, a report said this week. The data comes as the lingering effects of the COVID-19 pandemic continue to weigh on the office sector. The real estate market has been fretting over the state of the office sector since the pandemic. AdvertisementA frequently proposed option for unused office space has been to turn it into apartments.

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