According to the New York Times, Google announced on Tuesday that it would spend $2.1 billion to buy a sprawling Manhattan office building on the Hudson River waterfront, paying one of the largest prices in recent years for an office building in the United States and providing a jolt of optimism to a real estate industry lashed by the pandemic.

The move aligns with CoreNet Global’s ongoing surveys during the pandemic which have long predicted a solid future for the office building. 

Respondents have said that one half of the traditional work week will be spent in the traditional office, and the remaining half divided among home offices, co-working, or other remote locations. 

While a clear majority (66 percent) say that the 9-5 work week is a thing of the past, 83 percent say that the office will remain as place for collaboration and teamwork.