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The end of offices? New York's business districts face uncertain future

New York City

Employees work in an office building in Midtown New York City, on January 26, 2021.

Photo credit: Timothy Clary | AFP

Boarded-up stores, shuttered restaurants and empty office towers: Covid-19 has turned New York's famous business districts into ghost towns, with companies scrambling to come up with ways to entice workers to return post-pandemic. 

"If they don't come back, we're sunk," said Kenneth McClure, vice president of Hospitality Holdings, whose Midtown bistro pre-coronavirus would buzz with the sound of financiers striking deals at lunch and sharing cocktails after a hard day at the office.