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Top office developers cash in as tenants migrate to South Florida - Vimarsana News

Top office developers cash in as tenants migrate to South Florida

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. South Florida's office market has seen new interest from over 1 million square feet worth of tenants. The interest has made the area an outlier amid an otherwise moribund office market nationally.   Here are five of the developers poised to profit from the influx of interest.  It's Wall Street of the (far) south.  Meanwhile, much of the nation's office market has remained moribund for the past year, as the pandemic spurred tenants to work remotely and ev...

Vornado Realty Trust considers buying out Trump Organization stake - Vimarsana News

Vornado Realty Trust considers buying out Trump Organization stake

Steven Roth, a former advisor to Trump during his presidency, is the founder and chairman of Vornado Realty Trust.

Knotel filing for bankruptcy ahead of sale to Newmark - Vimarsana News

Knotel filing for bankruptcy ahead of sale to Newmark

Misha Friedman/Bloomberg/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Knotel is filing for Chapter 11 bankruptcy and proposed a sale to Newmark, its largest investor.  The one-time office unicorn lost a total of $202.3 million in the first 10 months of 2020, per newly-leaked documents. Flexible workspace provider Knotel filed for bankruptcy on Sunday and said it plans to sell its business to the publicly-traded real-estate services company Newmark. Knotel, on...

Cushman & Wakefield cuts ties with Trump Organization - Vimarsana News

Cushman & Wakefield cuts ties with Trump Organization

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The commercial real-estate-services firm and brokerage Cushman & Wakefield said it would no longer do business with President Donald Trump's family real-estate company, the Trump Organization. It joins a growing list of companies cutting ties with the president after the January 6 Capitol riot. Cushman will no longer serve as the leasing agent for Trump Tower, the Fifth Avenue trophy property where Trump has a gilded triplex and his main office — and famou...

Blackstone CEO Stephen Schwarzman's Trump problem - Vimarsana News

Blackstone CEO Stephen Schwarzman's Trump problem

Stephen Schwarzman defended his support of Trump in a December interview with Insider. Now, colleagues are putting distance between the two men.