#office-buildings

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The History of the Modern Office in One Building

The evolution of Manhattan's office buildings reflects changing approaches to business, from iconic towers to structures that prioritize efficiency and light.

WaveCore runs right through a concrete wall with gigabit-speed network signal

Office buildings' concrete walls pose unique networking challenges that residential environments do not face.
WaveCore technology offers a solution for high-speed data transmission through thick concrete walls.

The Daily Dirt: Can Aby Rosen really save his offices?

RFR Holding believes it can resolve its debt issues without selling its properties despite significant market challenges.
#new-york-city

An Office Tower Sold for $8.5 Million. It Was Once Worth 40 Times That.

The pandemic has drastically reduced the value of office buildings in New York City, evident through the sale of a once-prime property for a fraction of its previous price.

A class above: NYC's trophy offices are running out of space

Demand for top office buildings is high, causing a spillover effect to yet-to-be-constructed towers with premium rents.

An Office Tower Sold for $8.5 Million. It Was Once Worth 40 Times That.

The pandemic has drastically reduced the value of office buildings in New York City, evident through the sale of a once-prime property for a fraction of its previous price.

A class above: NYC's trophy offices are running out of space

Demand for top office buildings is high, causing a spillover effect to yet-to-be-constructed towers with premium rents.
morenew-york-city

San Jose office buildings flop into default in weak real estate market

Economic challenges persist in the Bay Area office market, with two San Jose buildings facing loan delinquency.
#foreclosure

Mountain View tech buildings are foreclosed as real estate woes widen

Silicon Valley office buildings seized by lender due to commercial property woes
Foreclosure impacts real estate investors in the Bay Area

Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital has launched a foreclosure sale for two historic office buildings in Downtown Los Angeles after Livwrk defaulted on a $17.5 million loan.
The two-building property at 800 and 810 Traction Avenue, known as AtTraction, is listed for sale with the price not disclosed.
Livwrk, the New York-based developer, bought the buildings in September 2021 for $19.5 million and planned to overhaul them into Class-A office and lifestyle project.

Mountain View tech buildings are foreclosed as real estate woes widen

Silicon Valley office buildings seized by lender due to commercial property woes
Foreclosure impacts real estate investors in the Bay Area

Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital has launched a foreclosure sale for two historic office buildings in Downtown Los Angeles after Livwrk defaulted on a $17.5 million loan.
The two-building property at 800 and 810 Traction Avenue, known as AtTraction, is listed for sale with the price not disclosed.
Livwrk, the New York-based developer, bought the buildings in September 2021 for $19.5 million and planned to overhaul them into Class-A office and lifestyle project.
moreforeclosure
#remote-work

Housing projects supplant Bay Area offices, stores as tech boom fades

Developers in Silicon Valley are shifting their focus from office buildings to housing units due to the changing economy and a shortage of housing.
Remote work, high office vacancy rates, and low rents are also contributing to the shift in focus towards residential projects.

New report warns of 'economic act of God' threatening Boston

Remote work and high interest rates are putting Boston at risk of losing tax revenue.
A drop in the value of office buildings could lead to a significant shortfall in commercial property taxes.

Housing projects supplant Bay Area offices, stores as tech boom fades

Developers in Silicon Valley are shifting their focus from office buildings to housing units due to the changing economy and a shortage of housing.
Remote work, high office vacancy rates, and low rents are also contributing to the shift in focus towards residential projects.

New report warns of 'economic act of God' threatening Boston

Remote work and high interest rates are putting Boston at risk of losing tax revenue.
A drop in the value of office buildings could lead to a significant shortfall in commercial property taxes.
moreremote-work

How Many Vacant Offices Does Southern California Have?

Office buildings in Southern California have a 20.4% vacancy rate, equivalent to 81 million square feet of empty space.
Los Angeles County has the largest number of empty offices, with 51 million square feet vacant.
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