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A billion square feet of new housing space to emerge in cities as America's office market faces a major crisis

The U.S. office market faces significant transformations, with many buildings likely to be demolished or converted due to high vacancy rates and shifting work patterns.

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

High-demand for high-end office spaces persists despite a downturn in the overall market, indicating a potential upcoming shortage in new quality office developments.

Transforming Office Spaces: Repurposing Underutilized Structures in the United States

The shift to remote work has caused long-term changes in urban office utilization and increased vacancy rates, prompting innovative repurposing solutions.

Two NYC towers put final touches on major upgrades as they buck downtown malaise

Despite downtown's challenges, 28 Liberty St. shows strong leasing success, with Fosun's modernization efforts resulting in occupant growth and new retail space.

Realty expert breaks down NYC's housing market, rezoning East Side: 'Headline makers are moving out'

Vacancy rates are low, prompting conversions of office spaces into residential housing to combat shortages.

Des Moines office real estate vacancies have increased and other industry trends

Wells Fargo's office consolidation led to increased vacancies, but renovations and conversions are attracting new tenants to older buildings.

A billion square feet of new housing space to emerge in cities as America's office market faces a major crisis

The U.S. office market faces significant transformations, with many buildings likely to be demolished or converted due to high vacancy rates and shifting work patterns.

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

High-demand for high-end office spaces persists despite a downturn in the overall market, indicating a potential upcoming shortage in new quality office developments.

Transforming Office Spaces: Repurposing Underutilized Structures in the United States

The shift to remote work has caused long-term changes in urban office utilization and increased vacancy rates, prompting innovative repurposing solutions.

Two NYC towers put final touches on major upgrades as they buck downtown malaise

Despite downtown's challenges, 28 Liberty St. shows strong leasing success, with Fosun's modernization efforts resulting in occupant growth and new retail space.

Realty expert breaks down NYC's housing market, rezoning East Side: 'Headline makers are moving out'

Vacancy rates are low, prompting conversions of office spaces into residential housing to combat shortages.

Des Moines office real estate vacancies have increased and other industry trends

Wells Fargo's office consolidation led to increased vacancies, but renovations and conversions are attracting new tenants to older buildings.
morereal-estate

Rents set to roar back as apartment demand surges after building boom

Rising demand for rentals and decreasing vacancy rates could empower landlords to increase rents significantly next year.

Oahu's office market 'showing signs of life' - Pacific Business News

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

Data center vacancy rates are nosediving in Europe - here's why that could be a problem

Data center vacancy rates in Europe are dropping rapidly, with experts aiming for recovery amid rising demand outpacing supply.

Adams Real Estate Chief Jesse Hamilton at Crux of Big Deals

The commercial real estate market in New York is suffering, with high vacancy rates leading to city intervention in leasing.

As CRE 'Wall of Debt' Looms, Rents and Office Building Prices Fall

A potential default crisis in the commercial real estate sector due to maturing loans, high vacancy rates, and reduced income for building owners.

West worst hit as the rate of empty shops in our towns at all-time high

Commercial 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 high

The number of vacant commercial properties in Ireland has reached record levels amid changing consumer habits and economic shifts.

Data center vacancy rates are nosediving in Europe - here's why that could be a problem

Data center vacancy rates in Europe are dropping rapidly, with experts aiming for recovery amid rising demand outpacing supply.

Adams Real Estate Chief Jesse Hamilton at Crux of Big Deals

The commercial real estate market in New York is suffering, with high vacancy rates leading to city intervention in leasing.

As CRE 'Wall of Debt' Looms, Rents and Office Building Prices Fall

A potential default crisis in the commercial real estate sector due to maturing loans, high vacancy rates, and reduced income for building owners.

West worst hit as the rate of empty shops in our towns at all-time high

Commercial 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 high

The number of vacant commercial properties in Ireland has reached record levels amid changing consumer habits and economic shifts.
morecommercial-real-estate

CHP Officers Get $500M Contract, Gov. Newsom Races to Fill Vacancies

California Highway Patrol's vacancy rate reached 16% in 2023 despite high salary increases, indicating ongoing recruitment challenges.

Abysmal DC office market shows no signs of recovery

Washington, D.C., office market facing challenges with high vacancy rates and diminishing property values despite upcoming presidential election.

Colliers: Oahu's office market 'appears to be nearing a new equilibrium' - Pacific Business News

Oahu's office market is approaching a new equilibrium despite past fluctuations.
#housing-market

NYC's rent skyrockets over seven times faster than wages, widest gap in U.S.: Report - QNS

High rental increase in NYC compared to wage growth.

Mayor Adams signs bill extending rent stabilization laws

Rent stabilization laws extended through 2027.
Importance of rent-stabilized housing in current housing market.

NYC's rent skyrockets over seven times faster than wages, widest gap in U.S.: Report - QNS

High rental increase in NYC compared to wage growth.

Mayor Adams signs bill extending rent stabilization laws

Rent stabilization laws extended through 2027.
Importance of rent-stabilized housing in current housing market.
morehousing-market

Primary school to close as merger confirmed

Islington Council is merging Montem Primary School with Duncombe Primary School to address high vacancy rates and deficit issues in schools.

Amazon.com Leases Two 1M sf Warehouses in the Inland Empire

Amazon leases two 1 million square feet warehouses in the Inland Empire amid a weakening industrial market.

Brookfield's Beaudry DTLA Comes With Exceptional Perks

Brookfield Properties' Beaudry DTLA apartment tower is offering significant concessions to attract tenants.
Luxury residential units in Downtown Los Angeles are still facing notable vacancy rates despite post-pandemic recovery efforts.

It's nearly impossible to find a place to rent. But retirement homes have room to spare | CBC Radio

Vacancy rates in retirement homes are substantially higher than the national average at around 15.6%, with some variations based on location.
Seniors are opting out of retirement homes, preferring to age in their own residences due to cost concerns or other reasons.

Oxford Street sweeter with fewer shops empty or selling candy

Oxford Street vacancy rates down by 40%
Revival attributed to factors like transportation, tourism, council action

Retail Occupancy Ticks Up in LA County During 2023

Vacancy in Los Angeles County retail market declined from its pandemic high in 2023.
Demand for retail space is gradually improving, but the market still has a way to go to return to normal.

London office vacancy rates to rise in City, Wharf and West End amid Wework trouble

London office vacancy rates are expected to rise by the end of the year.
Vacancy rates in the City and London Docklands are predicted to increase.

Apartment Rents Projected to Rise Up to 4% Across SoCal

Apartment rents in Southern California are projected to rise between 2 and 4 percent through 2025.
Rents in Orange County, the Southland's strongest rental market, are expected to have slightly above-average increases, reaching a record $2,800 per month by late 2025.
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