FAANG companies are bullish on office space (at least NYC). Bye bye, remote work.
If Big Tech does something, others ape it. So what does this mean for you?
FAANG companies -- Facebook, Apple, Amazon, Netflix, Google, i.e. a generic reference to "apex tech" -- are bullish on buying up office real estate, especially in NYC. To wit:
Google dropped $2.1 billion on office real estate. NYC is now their second-largest employee area behind CA.
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