Stay updated with breaking news from Brandon Svec. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As companies increasingly relocate to urban centers, sprawling, once-trendy corporate campuses like Sears’ and Kmart’s have been left crumbling in the suburbs.
Long Island malls face mixed pandemic recovery, with some vacancy rates near 35 percent, while others are seeing vacancy rates closer to 5 percent.
How fast will office market recover from pandemic? It could take years, some say The new headquarters of The Boler Company, foreground, and the vacant former Motorola Solutions building, right, are part of the Veridian Development property along Algonquin Road west of Meacham Road in Schaumburg. The developer remains optimistic about the potential for refurbishing the latter. Paul Valade | Staff Photographer Office space is advertised for development along with retail, residential and hotel space on the Veridian Development property along Algonquin Road west of Meacham R...