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Why Office Air May Be Too Cold

New York Times Business •
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Office spaces usually run the thermostat to the low 70s in summer, yet workers often feel chillier than expected.

The chill stems from uneven cooling distribution and aging HVAC units. Units that are decades old or poorly maintained draw more power, raising energy costs and adding pressure on corporate budgets. Older systems also leave gaps where cooler air escapes, forcing occupants to sit farther from vents.

For businesses, the cost of upgrading or replacing HVAC components can reach millions of dollars, especially in high‑density towers. Projects often involve multi‑year ОБРЕТ commitments, and the capital outlay can influence a firm’s free‑cash‑flow profile and debt ratios.

Investors watching real‑estate portfolios will note that rising cooling expenses can erode operating margins and prompt a reevaluation of lease structures, especially in lease‑back arrangements where tenants bear the burden of maintenance.