Amazon Lays Off 300 In Manhattan, Mostly In Under-The-Radar Midtown Office
Amazon is planning to layoff a total of 18,000 people this year, or 1% of its global workforce.
Amazon is planning to layoff a total of 18,000 people this year, or 1% of its global workforce.
Real estate will have to be led, not cajoled, into meaningful decarbonization. That is likely to mean new laws and more regulation.
Berkeley Investments acquired 44-46 Soldiers Field Road from The Ballas Group for $8.4M, and it plans to build over 100 multifamily units.
Boston collected 22% of its tax revenue this fiscal year from office buildings, and experts worry that declining property values could hurt the city.
The biggest leases, sales and loans this week in New York City.
As SREIT tightens investor redemption limits, other nontraded REITs managed by investment giants like Blackstone, KKR and Brookfield face issues with liquidity.
Leasing volume was up in Manhattan in May, boosted by large leases including Bloomberg's nearly 1M SF deal.
Big Tech firms want bigger data centers than ever to support AI, but finding the energy to power them is standing in the way.
Nontraded REITs such as BREIT, SREIT and Ares Industrial REIT saw monthly redemption requests shoot up an average of 65% in May.
Read about the biggest deals in Chicago this year.
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