Offices in New York face losing $453 billion in value due, in part, to the rise of remote work, ...
Lower demand for offices across the U.S. could wipe $453 million off their value in the coming years, according to a study. New York City would be particularly hard hit.
Before COVID-19 turned commercial office leasing on its head, landlords generally had the upper hand in negotiations when it came to downtown office space
There’s a crucial role that coffee seems to play in American culture. Don’t believe me? The National Coffee Association discovered that two-thirds of
Work-from-home has changed the financial dynamics, say the researchers.
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The pain that public proptech firms have felt, with stocks plunging to a fraction of their initial value, has seeped into the venture capital funding market.
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Investors, particularly institutional investors, would be hard hit, researchers say, and city centers would suffer.
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/PRNewswire/ -- CompStak, the nationwide provider of commercial real estate lease comps, sales comps, and property information, today announced new data...
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NYU/Columbia team says office buildings will lose 28% of their value if hybrid work patterns persist.