I'm a big fan of midcentury modern.
Nowhere is the furniture glut stronger than in San Francisco. Tech workers have been slowest to return to the office in the city, where commercial vacancy rates jumped to 28 percent last year, up from 4 percent in 2019, according to the real estate firm CBRE. Occupancy in San Francisco in late January was 4 percent below the average of the top 10 U.S. cities, according to the building security firm Kastle. And companies of all sizes, including PayPal, Block and Yelp, are giving uptheir expensive downtown headquarters or downsizing their office space. (Source: NY Times)
Oh, a lot of what's on offer are whiteboards and flatscreens. But a lot of it is midcentury modern furniture that would be right at home in a home and not just the office. MCM, it seems, was wildly popular with the young hipster tech startup types. So you can get a very good deal on, say, an Arne Jacobsen Egg Chair:
Or the equally cool Jean Royère' Polar Bear Chair:
...an increasing number of behind-the-scenes specialists in the Bay Area who are carving out a piece of the great office furniture reshuffling. There are professional liquidators, Craigslist flippers and start-ups spouting buzzwords like “circular economy.” And a few guys with warehouses full of really nice chairs.
One furniture flipper mentioned in the article is Nate Morgan, who "started trading furniture in the fall after he was laid off from a business development job at Meta."
Brandi Susewitz has been in the office furniture business for 25 years. She used to sell Steelcase, Herman Miller, et al - the names anyone who's ever worked in a cubicle is well familiar with.
When the pandemic hit, Ms. Susewitz’s livelihood of new office furniture screeched to a halt. She watched with disgust as companies tossed out barely used desks and chairs.Horrified at seeing all that perfectly good furniture end up in landfills, she founded Reseat, a company that helps businesses get rid of the furniture they don't need. Companies selling their furniture off can expect 20 cents on the dollar. Which means that, even with the reseller's markup, one of the those cool Polar Bear chairs is definitely within reach.
“Perfectly good, brand-new furniture is just being carted off to landfills,” she said.
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