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The West Coast’s major cities are overrun with empty office space—all while the homeless population keeps growing. A “For Lease” sign on a building in San Francisco, Calif., on Tuesday ...
Okay, let’s talk about something that’s been giving everyone the jitters: almost-empty office buildings… I mean, have you seen the headlines? Downsizing announcements popping up ...
leaving office spaces empty and real estate executives reeling. But it's not just the real estate industry that is impacted. The effects of vacant office space could ripple through the economy ...
And that has left enormous office buildings across the region sitting empty. Now as urban communities struggle with housing shortages, some developers are getting creative. Turning all that old ...
There are more empty office spaces now than during the 2008 financial crisis. These vacancies could spell trouble for downtown city centers and the broader commercial real estate market.
But remote work is not so great for landlords — or their lenders. Once-bustling office buildings are empty. Inevitably, some landlords will go bust. And banks that lent to developers will get ...