This has had an understandable impact on office values, which fell considerably and remain below 2019. The author believes these valuations will remain below those levels for the next decade.
Simulations of office values, that took into account remote work rates, show that the value of all NYC office properties dropped by more than 40% in 2020. Predictions for 10 years after the shift to working from home suggest that office values in 2029 will remain an average of 39% lower than they were in 2019.
Office real estate.
https://www.forbes.com/sites/adigaskell/2023/03/05/how-remote-work-has-affected-real-estate-values/