Amazon Defies Remote Work Trend, Will Spend $1.4B Expanding Offices In 6 Cities

While other tech giants consider remote work as a long-term possibility, Amazon has doubled down on physical space to the tune of $1.4B.

PGP Lands Japanese Food Hall At Capitol Crossing

The Japanese food hall is the first retail tenant to sign on at the huge Capitol Crossing development, which has experienced a slower-than-expected lease-up.

This Week's N.Y. Deal Sheet

Multifamily remains the hot commodity this week, with three sale transactions above $10M closed on apartment buildings in the outer boroughs.

Consulting Firm Extends Lease, Expands Footprint In Downtown D.C. Building

Berkeley Research Group inked a five-year extension and expanded its footprint by 11K SF at 1800 M St. NW.

'The Fluffy Jobs Are Gone': Recovering Coworking Firms Learn To Do More With Less

The hiring picture for coworking in the second half of 2021.

Cities Look To Coworking To Accelerate Return To Work, Downtown Recovery

New York, D.C. and Miami have launched new partnerships with WeWork to aid their return to work efforts, and the coworking leader is in talks with other cities.

Coworking CEO Says Business Model 'Never Made Sense,' Closes All Locations

Whether due to the pandemic or to the limitations of its own business model, Breather is closing all of its 400-plus locations to "be like Airbnb."

Carr To Sell Stake In Fannie Mae HQ, Valuing Building At Nearly $1B

A South Korean syndicate has reportedly agreed to buy a 49% stake in Midtown Center, the massive D.C. office property anchored by Fannie Mae.

Carr Properties Offering 49% Stake In Midtown Center At $1B Valuation

The developer retained JLL to seek buyers for a 49% stake in Midtown Center, a stake valued at nearly $500M.

In Boston, Life Sciences Is Undergoing A Flexible Workspace Revolution

The Boston life sciences sector continues to grow rapidly. Flex space could be the solution for companies searching for the right space close to top talent.