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Old 03-13-2020, 02:27 PM
 
15,844 posts, read 14,479,382 times
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This has been tried and rejected before. Didn't Facebook rescind the ability of a lot it's Silicon Valley employees to telecommute? The companies want their employees physically together and available.

Quote:
Originally Posted by OyCrumbler View Post
Bulb went off for the tech majors a long while ago and working from home for employees and contractors is pretty common. Part of this is efficiency in commute time and another part of it is because they often have teams assembled from different locations where a commute is unthinkable. However, sometimes it really is more effective to do at least a few things in person—just not everyone in person all the time.
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Old 03-13-2020, 07:54 PM
 
Location: In the heights
37,148 posts, read 39,404,784 times
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Quote:
Originally Posted by BBMW View Post
This has been tried and rejected before. Didn't Facebook rescind the ability of a lot it's Silicon Valley employees to telecommute? The companies want their employees physically together and available.
What you’re thinking might be having everyone work remotely and separately. That’s not what I’m talking about. I’m talking about not all the people at the same time. You want your teams that work together to overlap and have in person meetings, one on ones, and socialize, but that’s not in person with every person every day, and not every time every day. Different teams and roles have different amounts of flexibility on this, but there’s generally a pretty decent amount of flexibility, and pretty much every team’s daily standup has people remotely joining. What is more often discouraged is permanent long-term remote working, though people definitely do make that work, especially if you have worked for a while, are a valued employee, and for some reason or another, need to move elsewhere, but in those cases, it’s also pretty common to at least several times a year bring you in and pay for transpo and lodging.

Last edited by OyCrumbler; 03-13-2020 at 08:31 PM..
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Old 03-14-2020, 03:41 PM
 
25,556 posts, read 23,975,910 times
Reputation: 10120
Quote:
Originally Posted by Mr. Ryu View Post
That might destroy the commercial real estate market...

Same thing could be said for some courses in colleges/universities..(they could be taken online effectively)
The Coronavirus has forced courses online at universities all over.

So it certainly might change real estate as we know it.
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Old 03-15-2020, 11:02 AM
 
Location: New Jersey
11,199 posts, read 9,085,355 times
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Quote:
Originally Posted by NyWriterdude View Post
The Coronavirus has forced courses online at universities all over.

So it certainly might change real estate as we know it.
Maybe if universities were to practice this on courses that don't really require a physical room setting it might lower tuition cost.
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Old 03-15-2020, 11:04 AM
 
Location: Manhattan
25,368 posts, read 37,078,660 times
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Quote:
Originally Posted by BBMW View Post
B&M retail is dead (killed by Amazon.)


So now Amazon is eating the carcass.
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Old 03-15-2020, 11:39 AM
 
17,874 posts, read 15,947,840 times
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Quote:
Originally Posted by Mr. Ryu View Post
That might destroy the commercial real estate market...

Same thing could be said for some courses in colleges/universities..(they could be taken online effectively)
If courses can be taken online effectively, then live action lectures have no use. They likely had no use going back to the days when PC first hit the market. Therefore no need for professors/lecturers, or at least not at the scale it was when I was in school. Thereby making costs to Unis much less. Which they should have passed down to the consumer/students. Making higher education cheaper.

You just need the handful of lecturers/professors to make the learning app/program, and sell to multiple education vendors. Heck, the lecturer/professor probably not even need the Uni system anymore. For what? They dont need the infrastructure. Perhaps its the audience, but the internet should make it easier for them to seek out on their own.
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Old 03-15-2020, 11:51 AM
 
Location: Brooklyn
874 posts, read 454,476 times
Reputation: 525
Quote:
Originally Posted by BugsyPal View Post
Jeff Bezos be balling! Paid bit over one billion for the property from WeWork!





I'm just glad to hear it was bought by an AMERICAN..and not (like the waldorf astoria) bought by the chinese (unless that's changed as of this writing)....





a dab'ill do'ya....
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Old 03-15-2020, 12:24 PM
 
8,373 posts, read 4,391,884 times
Reputation: 12038
Quote:
Originally Posted by BlakeJones View Post
so crazy that a crappy old building like L&T is worth $1,150,000,000

IMO that's not for long, NYC real estate is about to take a massive dive. Bezos should have waited - not that he cares about money though

While NYC has its own real estate market very different from the rest of the country, I don't think there will be a massive real estate dive with interest rates lower than ever and the Fed printing a flood of money. People will be taking loans to buy everything possible, and the list of possible stuff to buy is always topped by real estate.
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Old 03-15-2020, 09:09 PM
 
25,556 posts, read 23,975,910 times
Reputation: 10120
Quote:
Originally Posted by BlakeJones View Post
so crazy that a crappy old building like L&T is worth $1,150,000,000

IMO that's not for long, NYC real estate is about to take a massive dive. Bezos should have waited - not that he cares about money though
Bezos will soon have other opportunities. Which I’m sure he’ll gladly take.
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Old 03-16-2020, 06:09 AM
 
Location: western NY
6,447 posts, read 3,147,095 times
Reputation: 10112
Quote:
Originally Posted by Cida View Post
BRING BACK LORD & TAYLOR!!!


My wife agrees with you, 100%. The Rochester area's L&T store is beginning to like nothing more than a slightly upscale 'Target'..........sad!!
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