Nevermind TPS Reports! Will Recession Shrink Your Office Space?

In the 7 1/2th-floor office of the fantastical 1999 film Being John Malkovich, the ceilings are so low that workers must walk hunchbacked. (Perhaps more to the movie’s point, a magical door in one office opens onto a crawl space that sucks visitors directly into Mr. Malkovich’s brain.)

In the almost-as-fantastical universe of New York real estate in 2009, the ersatz industry standard that one employee requires approximately 200 square feet—an admittedly inflated average...

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