White House opens $45 billion in federal funds to developers to convert offices to homes
The White House is opening up $45 billion in federal funds to developers looking to turn big-city office buildings into homes.
Source: marketwatch.com
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Related CEO: Class B Office Owners Are Screwed
Related Companies CEO Jeff Blau expressed doubts about office-to-residential conversions and blamed progressives for ruining major U.S. cities.
Source: therealdeal.com
Welcome to Power 100, 2023 – Commercial Observer
The names of the people who have made it to the Power 100, including a few people who have come back.
Source: commercialobserver.com
Office property: New York's empty office buildings lure rich families hunting bargains
More transactions are probably on the horizon, as existing owners who are strapped for cash and struggling with soaring borrowing costs look to offload their buildings at a discount.
Source: afr.com
NYC's Empty Office Buildings Lure Rich Families Hunting Bargains
With large institutional buyers pulling back on deals, high-net-worth families and little-known developers are bargain-hunting for Manhattan office buildings.
Source: wealthmanagement.com