San Jose office building tied to top-tier developer is seized in foreclosureThe foreclosure of a prominent office building in San Jose signifies declining commercial property values in the Bay Area.
San Jose approves tax breaks to help fill empty office spaceSan Jose City Council implements tax relief to attract businesses for vacant office spaces.
San Jose planning commission recommends approval of Westgate West CostcoCostco's potential new store in San Jose is contentious, balancing economic benefits against local residents' concerns over traffic and noise.
dd's Discounts store will join busy San Jose retail and restaurant hubdd's Discounts signs lease at San Jose's The Plant shopping center, boosting retail presence in the area.
San Jose office building tied to top-tier developer is seized in foreclosureThe foreclosure of a prominent office building in San Jose signifies declining commercial property values in the Bay Area.
San Jose approves tax breaks to help fill empty office spaceSan Jose City Council implements tax relief to attract businesses for vacant office spaces.
San Jose planning commission recommends approval of Westgate West CostcoCostco's potential new store in San Jose is contentious, balancing economic benefits against local residents' concerns over traffic and noise.
dd's Discounts store will join busy San Jose retail and restaurant hubdd's Discounts signs lease at San Jose's The Plant shopping center, boosting retail presence in the area.
Park Avenue boom lifts Midtown office market: 'Never give up on NYC'State Bank of India has fully leased 425 Park Ave, marking a significant milestone in Midtown's office rental market.
Office Market Poised to Rebound as Work From Home Policies EndU.S. office real estate is recovering, especially in high-demand markets with premium properties.
Park Avenue boom lifts Midtown office market: 'Never give up on NYC'State Bank of India has fully leased 425 Park Ave, marking a significant milestone in Midtown's office rental market.
Office Market Poised to Rebound as Work From Home Policies EndU.S. office real estate is recovering, especially in high-demand markets with premium properties.
Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate | TechCrunchReshape Energy aims to accelerate decarbonization in commercial real estate by offering integrated energy upgrade solutions.
WA lawmakers working on commercial-to-residential conversion billHouse Bill 1757 extends commercial property conversion rules to residential zones, crucial for combating Washington's housing shortage.
Bill to limit warehouse development draws industry responseThe bill restricting new warehouses in California faces opposition from both property owners and environmental groups, reflecting a complex commercial real estate debate.
WA lawmakers working on commercial-to-residential conversion billHouse Bill 1757 extends commercial property conversion rules to residential zones, crucial for combating Washington's housing shortage.
Bill to limit warehouse development draws industry responseThe bill restricting new warehouses in California faces opposition from both property owners and environmental groups, reflecting a complex commercial real estate debate.
What Doom Loop? Healthy Office Rentals and Tax Assessments Show Manhattan's Strength.New York City's office market rebounded surprisingly strong post-pandemic, challenging predictions of an urban doom loop.
Parkline Place Commercial Tower / Foster + PartnersParkline Place is a new iconic development in Sydney, integrated with Gadigal Station, emphasizing connectivity and sustainable design.
Rampant NYC development killing Second Avenue's character - and luxury is squashing food cultureNew luxury apartment developments should include affordable restaurants to prevent displacement of local businesses.
Living at the mall - inside the rise of apartments in America's shopping centersAmerican malls are evolving into mixed-use spaces with housing, retail, dining, and entertainment to remain relevant in a changing economy.
Goodbye, Chain Drugstores. Hello, Golf Simulators.Indoor golf facilities have surged in popularity in NYC, driven by pandemic-related changes and vacant real estate.There is a disconnect between community needs and the types of businesses filling vacant spaces in Brooklyn.
Midtown office building continues leasing spree with addition of commodities firmSL Green's 1185 Sixth Ave is now 85% leased after Hartree Partners signed a deal, reflecting strong demand for premium office space.
What Doom Loop? Healthy Office Rentals and Tax Assessments Show Manhattan's Strength.New York City's office market rebounded surprisingly strong post-pandemic, challenging predictions of an urban doom loop.
Parkline Place Commercial Tower / Foster + PartnersParkline Place is a new iconic development in Sydney, integrated with Gadigal Station, emphasizing connectivity and sustainable design.
Rampant NYC development killing Second Avenue's character - and luxury is squashing food cultureNew luxury apartment developments should include affordable restaurants to prevent displacement of local businesses.
Living at the mall - inside the rise of apartments in America's shopping centersAmerican malls are evolving into mixed-use spaces with housing, retail, dining, and entertainment to remain relevant in a changing economy.
Goodbye, Chain Drugstores. Hello, Golf Simulators.Indoor golf facilities have surged in popularity in NYC, driven by pandemic-related changes and vacant real estate.There is a disconnect between community needs and the types of businesses filling vacant spaces in Brooklyn.
Midtown office building continues leasing spree with addition of commodities firmSL Green's 1185 Sixth Ave is now 85% leased after Hartree Partners signed a deal, reflecting strong demand for premium office space.
Steph Curry's business headquarters moving from SoMa to DogpatchSteph Curry's Thirty Ink is relocating to Dogpatch, showcasing its commitment to commercial real estate and community development.
Why the giant restaurant behind SF's Ferry Building has sat empty for 12 yearsThe Ferry Plaza East Building remains vacant largely due to a restrictive 66-year lease.
Bay Area fiscal challenges: tech layoffs, real estate woes, and the road to recoverySan Francisco and Oakland are grappling with significant economic challenges, especially in real estate and tech industry shifts.
More big-name stores opening and expanding at San Francisco's Union SquareUnion Square is experiencing a retail resurgence with new brands opening despite high office vacancy rates.
Supervisors Push to Lift Formula Retail Ban on Van Ness What About Other Neighborhoods With Vacant Storefronts?San Francisco's struggling retail scene prompts calls for lifting limits on chain stores.
San Francisco's Sky-High Office Vacancy Rate Declines Slightly, In Sign of Possible TurnaroundSan Francisco's office leasing market shows potential recovery signs with net absorption turning positive and slight decreases in vacancy rates.
Steph Curry's business headquarters moving from SoMa to DogpatchSteph Curry's Thirty Ink is relocating to Dogpatch, showcasing its commitment to commercial real estate and community development.
Why the giant restaurant behind SF's Ferry Building has sat empty for 12 yearsThe Ferry Plaza East Building remains vacant largely due to a restrictive 66-year lease.
Bay Area fiscal challenges: tech layoffs, real estate woes, and the road to recoverySan Francisco and Oakland are grappling with significant economic challenges, especially in real estate and tech industry shifts.
More big-name stores opening and expanding at San Francisco's Union SquareUnion Square is experiencing a retail resurgence with new brands opening despite high office vacancy rates.
Supervisors Push to Lift Formula Retail Ban on Van Ness What About Other Neighborhoods With Vacant Storefronts?San Francisco's struggling retail scene prompts calls for lifting limits on chain stores.
San Francisco's Sky-High Office Vacancy Rate Declines Slightly, In Sign of Possible TurnaroundSan Francisco's office leasing market shows potential recovery signs with net absorption turning positive and slight decreases in vacancy rates.
Santana Row gains three more office tenantsThree new tenants occupy One Santana West, increasing occupancy to 70% despite market challenges. A new cafe is also planned for Spring.
Sixth Avenue skyscraper adds 'eagle' nest with signing of indoor golf companyVornado Realty Trust is enhancing the tenant experience at 1290 Sixth Ave. with amenities reflecting a trend towards work-life balance and leisure integration.
Santana Row gains three more office tenantsThree new tenants occupy One Santana West, increasing occupancy to 70% despite market challenges. A new cafe is also planned for Spring.
Sixth Avenue skyscraper adds 'eagle' nest with signing of indoor golf companyVornado Realty Trust is enhancing the tenant experience at 1290 Sixth Ave. with amenities reflecting a trend towards work-life balance and leisure integration.
City Council passes Wu's tax proposal for third timeBoston City Council's new property tax plan aims to lessen homeowners' tax burden by shifting it to commercial real estate.
Wu's tax proposal 'dead' after collapse in SenateBoston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.
City Council passes Wu's tax proposal for third timeBoston City Council's new property tax plan aims to lessen homeowners' tax burden by shifting it to commercial real estate.
Wu's tax proposal 'dead' after collapse in SenateBoston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.
The NYC office market was full of surprises - both good and bad - in 2024Manhattan's commercial real estate market shows resilience with low vacancy rates despite remote work trends.
Fed cuts could turn the tide for commercial real estate. Where to find opportunityInterest rate cuts by the Fed could signal a recovery for commercial real estate, but investors must proceed with caution.
Higher interest rates, oversupply, and rising costs have battered commercial real estate. Will 2025 be different?The commercial real estate sector may experience a modest rebound in 2025, despite challenges from inflation and interest rates.
NYC office tower on Billionaires' Row adds luxury Italian fashion brandLeFrak's 40 West 57th St. continues to thrive with strong leasing activity, positioning itself as a resilient office location.
LA office leasing hits post-pandemic high, up 27% from a year agoLeasing activity for offices in Los Angeles is increasing post-pandemic, marking a 27% year-over-year increase in the third quarter.
South Bay tech campus $15 million deal points to feeble office marketEllis Partners purchased Sunnyvale tech campus for $15.5 million, significantly below its assessed value, reflecting ongoing challenges in the Bay Area commercial real estate.
The NYC office market was full of surprises - both good and bad - in 2024Manhattan's commercial real estate market shows resilience with low vacancy rates despite remote work trends.
Fed cuts could turn the tide for commercial real estate. Where to find opportunityInterest rate cuts by the Fed could signal a recovery for commercial real estate, but investors must proceed with caution.
Higher interest rates, oversupply, and rising costs have battered commercial real estate. Will 2025 be different?The commercial real estate sector may experience a modest rebound in 2025, despite challenges from inflation and interest rates.
NYC office tower on Billionaires' Row adds luxury Italian fashion brandLeFrak's 40 West 57th St. continues to thrive with strong leasing activity, positioning itself as a resilient office location.
LA office leasing hits post-pandemic high, up 27% from a year agoLeasing activity for offices in Los Angeles is increasing post-pandemic, marking a 27% year-over-year increase in the third quarter.
South Bay tech campus $15 million deal points to feeble office marketEllis Partners purchased Sunnyvale tech campus for $15.5 million, significantly below its assessed value, reflecting ongoing challenges in the Bay Area commercial real estate.
Commercial real estate: Why London needs 15 new Walkie TalkiesCommercial real estate in London presents significant growth potential for investment and productivity, while addressing the current office space shortfall.
The commercial real estate recovery is on, but the rebound may be unevenThe Federal Reserve's rate cuts may signal recovery for commercial real estate, boosting deal activity and investor confidence after challenging years.
Commercial real estate: Why London needs 15 new Walkie TalkiesCommercial real estate in London presents significant growth potential for investment and productivity, while addressing the current office space shortfall.
The commercial real estate recovery is on, but the rebound may be unevenThe Federal Reserve's rate cuts may signal recovery for commercial real estate, boosting deal activity and investor confidence after challenging years.
'Permanent downsizing': Raleigh, Durham among top work-from-home destinations, as office vacancies riseRaleigh and Durham are popular work-from-home destinations, affecting office vacancy rates and real estate valuations.
Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News MattersSilicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.
Amazon Delays Return-to-Office Mandate in Several Cities for Lack of Office SpaceAmazon delays return-to-office requirement due to insufficient office space for employees in seven major cities.
Employers have growing clout to force workers back to the office, Avison Young CEO saysEmployers are increasingly pushing for employees to return to the office as the economy weakens.
Silicon Valley commercial vacancy rates pass 20%Silicon Valley companies are adapting to rising commercial vacancy rates as employees resist returning to the office full-time.
Silicon Valley commercial vacancy rates pass 20% - San Jose SpotlightSilicon Valley is experiencing a paradox of economic growth alongside increasing commercial vacancy rates due to workers' reluctance to return to in-person offices.
'Permanent downsizing': Raleigh, Durham among top work-from-home destinations, as office vacancies riseRaleigh and Durham are popular work-from-home destinations, affecting office vacancy rates and real estate valuations.
Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News MattersSilicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.
Amazon Delays Return-to-Office Mandate in Several Cities for Lack of Office SpaceAmazon delays return-to-office requirement due to insufficient office space for employees in seven major cities.
Employers have growing clout to force workers back to the office, Avison Young CEO saysEmployers are increasingly pushing for employees to return to the office as the economy weakens.
Silicon Valley commercial vacancy rates pass 20%Silicon Valley companies are adapting to rising commercial vacancy rates as employees resist returning to the office full-time.
Silicon Valley commercial vacancy rates pass 20% - San Jose SpotlightSilicon Valley is experiencing a paradox of economic growth alongside increasing commercial vacancy rates due to workers' reluctance to return to in-person offices.
Big-money mortgage defaults dot LA map in 2024Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supplyDistress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
Deloitte bows out of 113K SF in DTLA, moving to El SegundoDeloitte's departure from Downtown LA reflects a declining confidence in the area’s commercial real estate market.
Downtown office buildings are still struggling - Daily TrojanThe downtown Los Angeles office market shows high vacancy rates and ownership changes due to the shift towards hybrid work models post-pandemic.
Office market looks like it has 'reached a turn' in recovery from pandemicThe U.S. office market shows signs of recovery, with a decline in vacancies and positive net absorption rates.
Big-money mortgage defaults dot LA map in 2024Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supplyDistress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
Deloitte bows out of 113K SF in DTLA, moving to El SegundoDeloitte's departure from Downtown LA reflects a declining confidence in the area’s commercial real estate market.
Downtown office buildings are still struggling - Daily TrojanThe downtown Los Angeles office market shows high vacancy rates and ownership changes due to the shift towards hybrid work models post-pandemic.
Office market looks like it has 'reached a turn' in recovery from pandemicThe U.S. office market shows signs of recovery, with a decline in vacancies and positive net absorption rates.
Commercial property has been in a slump. How lower interest rates could lift it out.The Federal Reserve's anticipated interest rate cuts may revitalize the commercial real estate market by making properties more affordable for buyers.
3 Ultra-Yield Dividends That Pay You Every MonthInvesting in dividend stocks, like Realty Income, offers stable income and protection against market volatility.Deloitte forecasts a recovery in commercial real estate, enhancing the appeal of certain dividend stocks.
Commercial property has been in a slump. How lower interest rates could lift it out.The Federal Reserve's anticipated interest rate cuts may revitalize the commercial real estate market by making properties more affordable for buyers.
3 Ultra-Yield Dividends That Pay You Every MonthInvesting in dividend stocks, like Realty Income, offers stable income and protection against market volatility.Deloitte forecasts a recovery in commercial real estate, enhancing the appeal of certain dividend stocks.
Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comebackBlackstone is significantly investing in Manhattan's commercial real estate, signaling a recovery in the market post-COVID.
An iconic gem of New York City's skyline is the latest victim of the office collapseThe Chrysler Building faces potential foreclosure amid escalating commercial real estate challenges in NYC.
Clipper Equity delinquent on $100M DoBro loanClipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.
AI-backed fashion firm subleases 23K sf in LA's Financial DistrictFinesse, an AI-based fashion firm, has expanded its office space significantly in Downtown L.A. amidst a challenging office market.
EBay renews downtown Portland office leaseeBay has renewed its lease in downtown Portland, reducing its office space by 20%.This move may reflect a strategic adjustment in response to current commercial market conditions.
Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comebackBlackstone is significantly investing in Manhattan's commercial real estate, signaling a recovery in the market post-COVID.
An iconic gem of New York City's skyline is the latest victim of the office collapseThe Chrysler Building faces potential foreclosure amid escalating commercial real estate challenges in NYC.
Clipper Equity delinquent on $100M DoBro loanClipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.
AI-backed fashion firm subleases 23K sf in LA's Financial DistrictFinesse, an AI-based fashion firm, has expanded its office space significantly in Downtown L.A. amidst a challenging office market.
EBay renews downtown Portland office leaseeBay has renewed its lease in downtown Portland, reducing its office space by 20%.This move may reflect a strategic adjustment in response to current commercial market conditions.
Despite the return-to-office push, loan delinquencies surpassed 10% for the first time in more than a decadeOffice loan delinquencies hit 10.35%, the highest since 2012, reflecting broader vulnerabilities in commercial real estate due to economic and work trend changes.
Offices are still sitting empty, but that's about to changeThe national office vacancy rate has reached a record high of 20.4%, but trends indicate it may soon decline.
Get-back-to-your-desk mandates spark office refill revolutionReturn-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.
Bellevue real estate brokers bullish about Amazon's new return-to-office policy as Microsoft moves outAmazon's new mandate for employees to return to the office is a significant boost for commercial real estate in Bellevue.
Wedbush Securities joins downtown L.A. exodus, opting for smaller, more flexible office in PasadenaWedbush Securities is downsizing and relocating to adapt its office space for hybrid work due to shifts stemming from the pandemic.
Hybrid work has been a boon for coworking spaces - MarketplaceThe demand for flexible office space is growing as companies adapt to hybrid work models.
Despite the return-to-office push, loan delinquencies surpassed 10% for the first time in more than a decadeOffice loan delinquencies hit 10.35%, the highest since 2012, reflecting broader vulnerabilities in commercial real estate due to economic and work trend changes.
Offices are still sitting empty, but that's about to changeThe national office vacancy rate has reached a record high of 20.4%, but trends indicate it may soon decline.
Get-back-to-your-desk mandates spark office refill revolutionReturn-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.
Bellevue real estate brokers bullish about Amazon's new return-to-office policy as Microsoft moves outAmazon's new mandate for employees to return to the office is a significant boost for commercial real estate in Bellevue.
Wedbush Securities joins downtown L.A. exodus, opting for smaller, more flexible office in PasadenaWedbush Securities is downsizing and relocating to adapt its office space for hybrid work due to shifts stemming from the pandemic.
Hybrid work has been a boon for coworking spaces - MarketplaceThe demand for flexible office space is growing as companies adapt to hybrid work models.
MBA promotes Woodwell to lead commercial, multifamily policy workJamie Woodwell appointed as MBA's senior vice president, leveraging 20 years of expertise to enhance commercial/multifamily policy engagement.
Exclusive Q&A with Mitchell Voss: Innovating in Commercial Real EstateWindMass Capital focuses on merging economic value with environmental and social impact in real estate.
MBA promotes Woodwell to lead commercial, multifamily policy workJamie Woodwell appointed as MBA's senior vice president, leveraging 20 years of expertise to enhance commercial/multifamily policy engagement.
Exclusive Q&A with Mitchell Voss: Innovating in Commercial Real EstateWindMass Capital focuses on merging economic value with environmental and social impact in real estate.
The lowly neighborhood strip mall might be the hottest new thing in commercial real estateInvestors are recognizing new value in strip malls, driven by a shortage of supply and increased local shopping.The commercial real estate market shows signs of recovery, with large investments being made in shopping centers.
Spurned real estate star plans late career revival powered by AIBob Knakal aims to revolutionize commercial real estate using AI, leveraging 40 years of proprietary data for competitive advantage, despite working with a small team.
Pub closures top 400 in England and Wales as total dips below 39,000Over 400 pubs have closed or been repurposed in the UK, marking a significant downturn in the hospitality sector.
The highs and lows of commercial real estate in 2024: Bay Area offices, hotels and apartments falter, but tech deals offer hopeBay Area faces high vacancy and loan defaults but tech company leases could signal recovery in 2025.
Warehouse law pushes developers to look at far-flung Inland Empire sitesNew law AB 98 affects warehouse development, potentially increasing approved project values and shifting construction toward desert regions.
Milk Street office building could soon become apartmentsA Newton developer plans to convert an office building into residential apartments, addressing current market trends in Boston.
Famed NYC building lands major retailer to keep Ladies' Mile bustlingBurlington Coat Factory's expansion reflects a resurgence in the Ladies' Mile shopping corridor.
The Trade Desk to replace private club in Downtown San JoseThe Trade Desk is moving to Fairmont Plaza in Downtown San Jose, ending the long tenure of the Silicon Valley Capital Club.
Couchbase takes the ground-floor at Santana WestCouchbase has leased 23,680 SQFT at Santana West, showcasing the location's growing commercial appeal.
The Trade Desk to replace private club in Downtown San JoseThe Trade Desk is moving to Fairmont Plaza in Downtown San Jose, ending the long tenure of the Silicon Valley Capital Club.
Couchbase takes the ground-floor at Santana WestCouchbase has leased 23,680 SQFT at Santana West, showcasing the location's growing commercial appeal.
Commercial property sales in LA County spiral down 18%Commercial property sales experience significant decline across Los Angeles, primarily influenced by economic factors and regulatory changes.
CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerageLaurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.
Commercial property sales in LA County spiral down 18%Commercial property sales experience significant decline across Los Angeles, primarily influenced by economic factors and regulatory changes.
CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerageLaurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.
Howard Lutnick helped build Newmark into a real estate powerhouse. Now he's leaving for Washington.Lutnick transformed Newmark into a global powerhouse in commercial real estate, paving the way for future success even as he departs for Washington.
City rents rise as return to the office drives up demandAvailable office space in the City of London is at historic lows, driving rent increases in prime locations.
Adams Real Estate Chief Jesse Hamilton at Crux of Big DealsThe commercial real estate market in New York is suffering, with high vacancy rates leading to city intervention in leasing.
West worst hit as the rate of empty shops in our towns at all-time highCommercial vacancy rates in Ireland are at an all-time high, with significant disparities between rural and prosperous urban areas.
Revealed: West worst hit as the rate of empty shops hits all-time highThe number of vacant commercial properties in Ireland has reached record levels amid changing consumer habits and economic shifts.
City rents rise as return to the office drives up demandAvailable office space in the City of London is at historic lows, driving rent increases in prime locations.
Adams Real Estate Chief Jesse Hamilton at Crux of Big DealsThe commercial real estate market in New York is suffering, with high vacancy rates leading to city intervention in leasing.
West worst hit as the rate of empty shops in our towns at all-time highCommercial vacancy rates in Ireland are at an all-time high, with significant disparities between rural and prosperous urban areas.
Revealed: West worst hit as the rate of empty shops hits all-time highThe number of vacant commercial properties in Ireland has reached record levels amid changing consumer habits and economic shifts.
Council Post: Unlocking Tenant Satisfaction: The Upside Of Parking TechnologyTenant experience is essential for occupancy and long-term value in commercial real estate, demanding adaptability and technology to meet evolving needs.
In a Transformed Neighborhood, a Funeral Home Finds New Life as a GymGentrification leads to innovative business transformations in Brooklyn, as seen with the new gym replacing a funeral home.
Can Commercial Real Estate Keep Propping Up Artists?David Walentas' rental policies for artists changed after 2020 due to the commercial real estate market decline and rising rents.
In a Transformed Neighborhood, a Funeral Home Finds New Life as a GymGentrification leads to innovative business transformations in Brooklyn, as seen with the new gym replacing a funeral home.
Can Commercial Real Estate Keep Propping Up Artists?David Walentas' rental policies for artists changed after 2020 due to the commercial real estate market decline and rising rents.
Brookfield taps leasing giant JLL to find tenants for mostly full Manhattan West towersBrookfield Properties is proactively leasing its office towers despite high occupancy rates, addressing the need for vacant spaces amid a competitive market.
What Did Gosman's Dock in Montauk Lured in at Closing?The Gosman's real estate sale totaled $33 million, marking a significant transaction in Montauk, which has been a key fishing industry hub.
Access to business leaders is the most sought-after in-office perk, says JLL's Neil MurrayThe role of the office is crucial as companies redefine workspaces in response to evolving workforce needs and post-pandemic challenges.
Major NYC landlords get surprise boost from growing media giantBloomberg LP's significant lease renewals are positively impacting Manhattan's commercial real estate market amid a challenging leasing environment.
Bloomberg Expands to Nearly 1 MSF at Manhattan TowerBloomberg LP is expanding its office space at 919 Third Ave, highlighting continued demand for quality office environments in Manhattan.
Major NYC landlords get surprise boost from growing media giantBloomberg LP's significant lease renewals are positively impacting Manhattan's commercial real estate market amid a challenging leasing environment.
Bloomberg Expands to Nearly 1 MSF at Manhattan TowerBloomberg LP is expanding its office space at 919 Third Ave, highlighting continued demand for quality office environments in Manhattan.
Downtown Los Angeles office tenants decamp for suburbsOffice tenants in Downtown LA are relocating to safer areas like Century City and Pasadena, reducing their presence in Downtown.
Hudson Yards skyscraper Spiral lands private equity giant in major relocation dealTPG's relocation to The Spiral reflects significant growth and strategic planning for its New York office presence.The Spiral building's rapid occupancy increase highlights Hudson Yards as a new corporate epicenter.
Famed Park Avenue office tower gives aging event space a faceliftClub 101 at 101 Park Ave. has undergone a vibrant remodel, enhancing its appeal for tenants and visitors.Tishman Speyer's refinancing of Rockefeller Center marks a significant investment in commercial real estate modernization.
Hudson Yards skyscraper Spiral lands private equity giant in major relocation dealTPG's relocation to The Spiral reflects significant growth and strategic planning for its New York office presence.The Spiral building's rapid occupancy increase highlights Hudson Yards as a new corporate epicenter.
Famed Park Avenue office tower gives aging event space a faceliftClub 101 at 101 Park Ave. has undergone a vibrant remodel, enhancing its appeal for tenants and visitors.Tishman Speyer's refinancing of Rockefeller Center marks a significant investment in commercial real estate modernization.
'Beyond our control': Another restaurant closes at Universal CityWalkUniversal CityWalk has seen multiple closures, including the recent departure of Mini Monster, due to unsuccessful lease negotiations and rising commercial rents.
Deteriorating Loans Stress Regional Banks' Office Building PortfoliosU.S. regional banks face pressure in office loan portfolios amid remote work, with potential relief from rate cuts not fully addressing the unique challenges posed.
NYC retail leasing shows signs of rebound after COVID carnageManhattan's retail leasing market shows signs of recovery, with decreased storefront availability and indications of robust activity across trade areas.
Over 1,500 retailers could see rates bill cut by up to 33 million a year - London Business News | Londonlovesbusiness.comBusiness rates for City of London shops could drop by £33 million annually due to a recent tribunal ruling.The Valuation Tribunal significantly reduced rateable values for retail properties, affecting over 1,500 shops.
Google renews office lease for 200K sf in IrvineGoogle renewed its lease for 196,200 square feet in Irvine, marking the largest office lease in Orange County for Q3.
Is R.T.O. Finally a Reality?New York City's office attendance shows divergent trends, indicating both recovery and ongoing challenges in the post-pandemic era.
Private equity giant inks hush-hush lease at revamped NYC office buildingBridgewater Associates' move into Manhattan marks a significant shift in the office leasing market, indicating a broader diversity of tenants.
Shuttered Bayfair mall in San Leandro turns to tech to revitalize, adds drone and biotech companiesThe former Bayfair Mall is being transformed into a tech hub, accommodating companies like Vantage Robotics and Berkeley Yeast.
How to Negotiate Rent as a Small Business Owner | EntrepreneurRising rent costs and inflation pose significant challenges for small business owners, making lease management increasingly difficult.
From early glory to present challenges: The story of Bank of Hope - TearsheetBank of Hope's merger strategy may not be enough to overcome existing challenges, particularly in light of pandemic-induced difficulties with commercial real estate loans.
Christie's, Yeshiva University lead NYC's top office leasesChristie's renewed its headquarters lease, reflecting stability in the NYC commercial real estate market.