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Fortune
Fortune
Alena Botros

New York City’s mayor just declared defeat to remote work—and war on the housing crisis. Here’s how it went down

Photo of New York City Mayor Eric Adams. (Credit: Lev Radin/VIEWpress—Getty Images)

New York City officials, led by Mayor Eric Adams, announced a plan to convert empty office buildings across the heart of its central business district into housing at a news conference on Thursday. Although parts of this plan were announced previously, and it must clear several hurdles en route to implementation, it represents the nearest thing to an admission that the scourge of remote work has spread too far to turn back now.  

He admitted as much. “COVID taught us something, if we want to acknowledge it or not, we are in a different norm,” Adams said. “Everything has changed, and we have to be willing to change with it.” 

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