> Businesses gave mixed results on remote work productivity, with 30% saying it boosted output, and 40% saying it reduced it.

So basically, there's no impact to productivity. Which is the bottom line.

The bigger issue is commercial real estate leases, which often have occupancy requirements imposed by the city to keep area's tax base healthy. See: downtown Portland, downtown San Francisco, etc.

The city needs local businesses to thrive, so the building owner needs the buildings occupied, so the company leasing it needs butts in seats.