... reached after the loans were sent to special servicing. With office values dropping precipitously across New York and nationwide, lenders are ... the hopes that conditions improve in a couple of years. Office sales happening this year are more likely than not a ...
... converting Long Island City warehouse buildings to office buildings because the office market in Manhattan was just getting too ... to believe in the long-term potential for commercial office growth outside of Manhattan,” RXR Executive Vice President ...
... made in the weeks ahead of Staples’ attempt to buy Office Depot, which ultimately made him nearly $400K in profit, according ... to a request for comment. Charnas began trading in ODP, Office Depot's parent company, in December 2020. On Dec. 14 ...
... stabilisation in rents underscores the strength of Dublin’s commercial office market," HWBC Investment Director Iain Sayer said. "The ... that firms are investing in their future through their office footprint.” Suburban activity was more subdued as rents ...
... return to normal activities, when it came to return-to-office, the tension was between employers and business leaders who ... weekly reports at Tesla detailing which employees were in the office, Fortune reported in September. Apart from Musk’s tactics, ...
... services company never moved in — 61% of Denver-area office offered for sublease last quarter was actually in the suburbs ... the northwest and southeast submarkets. This stagnant market has slowed office construction to a crawl. JLL pointed out that only ...
... city officials to fully comprehend the difficult environment commercial office buildings are operating under and the risks to the ... that they say will spur the revitalization of downtown — office-to-residential conversions. But property owners who spoke with ...
... 2019, according to CoStar. The average square footage of an office lease has also dipped considerably over the course of 2022 ... found a significant dip in the length of an average office lease, with tenants increasingly requesting shorter terms. While there ...
... In 2021, roughly 7,400 apartments were created via office conversions. Despite their growing popularity, some submarkets are ... said. Banks feel more comfortable underwriting multifamily projects than office. At the same time, developers can often sidestep ...
... 200K SF in 2019. 2. As the D.C.-area office market continues to experience high vacancies, some developers think the ... the land entitled for residential development more valuable than the office property on it. 3. Despite the slowdown in construction starts ...
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