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May 28, 2020

No2 Opus Place Contractors File $360K In Liens For Unpaid Work

[Webinar] What Strategic Funding Options Have Been Implemented To Address The Need For More Housing? Experts Weigh In At Our Atlanta Affordable Housing Summit June 2

The developer of a much-hyped luxury condo tower in Atlanta has fallen behind on payments to its contractors.

Contractors On Stalled Atlanta Condo Tower File Liens For $360K In Unpaid Work

Olympia Heights Management, the developer of the No2 Opus Place condominium tower in Midtown Atlanta, has had liens filed against it by two of its contractors, Yates Construction and DAZ Construction Inc. The companies allege nearly $360K of combined unpaid bills for work on the project, which is a…

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Wood Partners has purchased a prominent, family-owned Peachtree Road parcel in Brookhaven for its next mixed-use project. Wood closed May 27 on 3920-3930 Peachtree Road, a 4.6-acre site across from the Brookhaven MARTA Station for…

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Bisnow Readers Split On Work From Home's Future

 

Almost a third of Bisnow readers surveyed say they expect to shrink their company's office footprint post-pandemic, but 45% said the amount of space they currently have will remain unchanged.

Eight-hundred seventy-seven people responded to a Bisnow online poll between May 19 and May 27. Questions ranged from readers' thoughts on working from home and how remote work might change with a worker's life stage to how flexible office options attract talent.

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Here's How Offices Of The Future May Compete With Remote Work

Before the coronavirus stormed workplaces worldwide, the office sector had hummed along relatively unchanged for much of the past several decades.

Before the pandemic, about 10% of workers able to work remotely did so full time, and an additional 20% did so some of the time, according to Gartner. Now, chief financial officers the company surveyed indicate 19% of workers will go remote full time and 29% will go remote some of the time. 

In part, that change is also a result of workers' preferences for flexible work. Only 15% of workers want to work from the office full time, according to a survey conducted by CommercialCafé.

Now, months into a pandemic, commercial landlords are tasked with trying to lure companies permanently back from what has been, at least for some, a surprisingly successful experiment in remote work. Some may not be able to bring people back to their current properties. Those that do must reorient around helping foster collaboration, building company culture and boosting talent recruitment for occupants, experts told Bisnow.

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