John Scheurer

Episode 210: “Office Buildings: Will We Ever Go Back?” with John Scheurer

“Commuting to office work is obsolete. It is now infinitely easier, cheaper, and faster to do what the 19th century could not do, move information, and with it office work to where the people are, the tools to do so are already here. The telephone two-way video, electronic mail, the fax machine, the personal computer, and so on.”  Peter Drucker (1989) In 2020, over 30 years later, futurist and management guru Peter Drucker’s prediction came true with a bang. With the mandated COVID lockdowns, suddenly everybody had to learn to work from home. Office occupancy plummeted from 90% to 10% and we all learned about how to Zoom. Since then people are going back to the office, but occupancy still averages only 40 to 50% depending on the market, and in New York lower. So what’s going to happen next? In this episode, I talk with commercial real estate expert extraordinaire John Scheurer about the prospects for office work and office buildings. John heads the real estate investing arm of Siguler Guff and was formerly CEO of Allied Capital after […]

Episode 105: Commercial Real Estate in a COVID World with John Scheurer

People are working from home and traveling less these days due to COVID-19. That’s resulted in a lot of companies re-evaluating whether they need a brick and mortar space, and the hospitality industry struggling to fill rooms. Commercial real estate expert John Scheurer and I discuss the current state of the market and where it’s likely to head once the Coronavirus is behind us.