NYC Custodians Prepare To Fight Office Owners For Wage Increases
32BJ SEIU is seeking higher wages for janitors when its contract with the Realty Advisory Board expires in December, even as office owners say vacancy is high.
32BJ SEIU is seeking higher wages for janitors when its contract with the Realty Advisory Board expires in December, even as office owners say vacancy is high.
$7.8B worth of fixed-rate CMBS loans on offices will mature this year, and Moody’s Analytics suggests about 84% of them will face challenges refinancing.
The social media giant has been sued by landlords around the world after it stopped paying office rent in several buildings last year.
CrowdStreet tapped an independent auditor to find where Nightingale put investor money for the Atlanta Financial Center.
Buildings are trading for as much as 80% below cost as more landlords accept that weak demand for office is here to stay.
"Severe," "dire," "astounding" and "a perfect storm." These are the words that Washington's real estate veterans are using to describe the collapse in values.
Financial and professional service companies are leading the pack with over 70% of respondents saying they have some type of return-to-office requirement.
The 600K SF building welcomed workers in July and was officially unveiled Tuesday morning.
With millions of square feet of vacant and sublease space in the market, Boston real estate leaders are calling on government officials to help find a solution.
The flight to quality trend across the commercial real estate industry has laid bare the differences between the quality of offices in Denver.
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