Office Buildings Are At "The Beginning Of A Crisis"
Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete.
Source: inman.com
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Owners saddled with half-empty office buildings as hybrid work trend continues | 60 Minutes
Hybrid work has put office building owners in a bind and could pose a risk to banks. Landlords are now confronting the fact that some of their office buildings have become obsolete, if not worthless.
Source: cbsnews.com
How empty office buildings are setting cities on a doom loop | 60 Minutes
A real estate sector rocked to its foundations by empty offices is struggling to adapt to hybrid work. The trouble with office buildings could ripple through the economy, hitting banks.
Source: cbsnews.com
Korean Media Company Scoops Up Midtown West Office Property for $37M
RJF Realty unloaded the property at 110 West 32nd Street, with an alternative address of 115 West 31st Street, to MediaWill.
Source: commercialobserver.com
Porto Jews decry 'Soviet-style antisemitism' as lucrative citizenship vetting probed
Jewish community in coastal Portugal city has flourished, but is now being torn by decision to attack investigation into handling of citizenship process for Jews deemed Sephardic
Source: timesofisrael.com