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In the middle of West Street, a one-block stretch between the Boston Common and Downtown Crossing’s main drag, sit two conjoined, nondescript buildings that encapsulate the current struggles of the downtown office market.
A pair of office buildings in downtown Boston recently sold for a quarter of what they fetched seven years ago — a warning of the possible distress facing much of the city’s older, less full office stock.
So far, most buildings have been able to cover rising costs with rising revenue but a recession would change that, warns a report from Moody's.
The work from home environment will reduce city property tax collections in coming months and years, analysts say, creating financial issues.
The Dubbo cyclist is continuing to rise in the Australian ranks