#office-market

#office-market

Steve Roth believes remote work is declining as workers return to high-end office spaces in Manhattan.

Trump's spending cuts and workforce reductions threaten Washington, DC's office market recovery.

Federal government and nonprofits face challenges due to spending cuts and workforce reductions.

San Francisco's office market is beginning to recover, with a slight decline in vacancy rates, mostly driven by tech and AI companies.

Oahu's office market shows positive occupancy growth and resilience despite national challenges post-Covid-19.

Los Angeles office values plunged due to remote work but may begin to recover as investors see opportunity.

Experts suggest a shift towards private investors could signal a recovery in the office market.

Canary Wharf's credit rating has been downgraded due to debt concerns and difficulties in attracting workers after the pandemic.

Return-to-office mandates exist but are largely unenforced, highlighting a gap between employer expectations and employee compliance.

Hackman Capital Partners scales back $1.25 billion Television City redevelopment plans from 1 million to 980,000 square feet, reducing office tower and building heights.

Shift in office market due to remote work prompts revisions; new design architect Foster + Partners brought in for updated plans.