... .S. and local conversion incentives in some markets. Converting office spaces to residential uses is the most popular category of ... part of its Housing in Downtown program in 2022, with office conversions remaining a focus for Mayor Muriel Bowser's ...
The 300K SF office building at 115 W. Seventh St. that formerly housed Oncor ... .7M reimbursement for its planned $58M conversion of the downtown office building it bought in 2023. The TIF board approval requires ...
... , the owner of 13M SF of office and commercial space in New York and ... the amenity center at its 1301 Sixth Ave. office building. Paramount Group last month entered into another ... a 45% equity stake in its 600K SF office building at 900 Third Ave. for $94M. ...
... .” The financial sector is already preparing for turmoil in the office debt market, with Fitch Ratings echoing the Fed in June ... when it raised its office CMBS loan delinquency forecast and reiterated that the sector’s ...
... alone, according to the New York City Economic Development Corp. Office tenants are telling landlords that amenities related to childcare — ... , which owns and operates more than 26M SF of office properties, started putting in private spaces in its prebuilt ...
... and decline of total availability in the U.S. office market was a significant milestone that reflects a broad tightening ... the next six months as signed leases turn into occupied office floors. The sector reached the milestone despite existing tenants ...
... , from $362.6M to $250M. Several other struggling office buildings in the Center City and outer business sections of ... .1M in 2021, according to Morningstar Credit. Across Philadelphia, office properties declined by $635M in 2025 assessments. By the time ...
... ,” back-to-work numbers are improving. He said that although office agents were “probably pretty depressed” after the first quarter, more ... to come to market after 2026, Foster said he believes office vacancy is peaking now, which will also put the focus ...
... in recent months as tenants fall into their newfound office routines, bringing hope to landlords and brokers. But ... easy knockdown category.” The developers making headlines for exploring office-to-residential conversions are some of the biggest names ...
... if more severe weather hits, Pearce said. Many office building owners are already struggling with financial distress and ... electrical redundancy and generators for backup, Pearce said. Most office buildings have generators, but older buildings tend to only ...
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