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RXR Realty CEO Scott Rechler. Photo: Eugene Gologursky/Getty Images for National Eating Disorder Association/Getty Images

Businesses will have to "recalibrate reality" as they move forward during the coronavirus pandemic, Scott Rechler, the chairman and CEO of commercial realtor RXR Realty, said during an Axios event.

What he's saying: Rechler said the buildings his company manages will use data to establish health indexes, use thermal scanners and have a wellness concierge in place in building lobbies to ensure that workers feel comfortable returning.

  • Rechler said the process will start at home "where people have an app, and when they get up in the morning before they come to work, they'll be able to actually look at the health index" and decide if they should come to work or stay at home.
  • Touchless technology will be available on elevators.
  • "We're thinking about rotating people back into the office ... at 25%. So there's a rotation. There's also going to be staggering of the times that people come in and do work," he added.
"It's not going to be business as usual, nor should it be business as usual. Because on the other side of this, we're going to be coming back to not the new normal, but what I like to call the new abnormal, which is finding a way of how we are going to co-exist while the virus is still out there."

Go deeper

Google to keep workers at home through July 2021

Google CEO Sundar Pichai. Photo: Fabrice Coffrini/AFP via Getty Images

Google will keep its employees out of its offices and working from home through at least next July, the tech giant confirmed on Monday.

Why it matters: It's the first major U.S. company to allow remote work for such an extended period in response to the coronavirus pandemic. The Wall Street Journal first reported on the extension.

SEC debunks conspiracy theories about meme stock mania

Photo: Alessia Pierdomenico/Bloomberg via Getty Images

The SEC issued its long-awaited report on the meme stock mania, which downplayed the narrative that a "short squeeze" was the primary driver behind GameStop's historic stock moves — and shot down conspiracy theories about the event.

Why it matters: The postmortem was highly anticipated, largely because of what it could hint about what the regulator thinks should be done in wake of the saga. But the report stopped short of specific policy recommendations.

59 mins ago - Politics & Policy

Breaking Biden's diplomatic logjam

Expand chart
Data: Center for Presidential Transition via Congress.gov; Chart: Will Chase/Axios

The logjam for reviewing and confirming President Biden's ambassadorial picks is finally starting to break.

Why it matters: Biden is far behind his predecessors in the rate at which his ambassadorial picks have been confirmed. The Senate Foreign Relations Committee will hold a series of high-profile hearings and votes this week to finally begin chipping away at the backlog.