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Work from home is ending. The office may never be the same.

(iStock illustration by The Real Deal)
As more Americans get vaccinated, the return-to-office movement is gathering steam. Companies that a month ago were merely speculating about recalling workers are now setting firm deadlines.
JPMorgan Chase CEO Jamie Dimon told staff to start reporting to the office part-time by July, a move widely interpreted as a signal to other Wall Street firms that the end of working from home full-time is nigh.
“By early July, all U.S.-based employees will be in the office on a consistent rotational schedule,” Dimon wrote in an internal April 27 memo obtained by Bloomberg.
Investment giant Blackstone Group upped the ante two weeks later, asking its U.S. employees to return to the office full-time on June 7, according to Business Insider. ....

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Office landlords don't take return to work for granted

Office landlords don't take return to work for granted
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Office landlords don't take return to work for granted

Office landlords don't take return to work for granted
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Manhattan Life Science Building Gets $600M Recapitalization

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A rendering of 125 West End Avenue, Nuveen Real Estate managing director Nadir Settles and Taconic co-CEOs Charlie Bendit and Paul Pariser (Photos via Taconic, Nuveen)
A major life sciences hub on the Upper West Side has completed a $600 million recapitalization.
Taconic Partners, in partnership with Nuveen Real Estate, has been at work to transform an office building at 125 West End Avenue, and recently secured $393 million in construction financing from Apollo Global Management and Oaktree Management, the Commercial Observer reported. In addition, as part of a $600 million capitalization, LaSalle Investment Management has joined the project as an $207 million equity partner. ....

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Nuveen installs 1,100 smart windows at 730 Third

Nuveen Real Estate, and its development advisor, Taconic
Partners, has installed 1,100 new smart windows at 730 Third Avenue as part of
a $120 million sustainability overhaul.
Manufactured by View, the smart glass windows will help
ownership achieve the energy reductions required to meet New York’s Local Law
97, which seeks to reduce building-based emissions by 40 percent over the next
decade and will impact more than 57,000 buildings across the city.
The smart windows will also help the building to maintain its LEED Gold Certification.
NADIR SETTLES
“Sustainability and green development are vital components
of our building designs, and we’re reducing energy consumption at 730 Third ....

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