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Since the COVID-19 pandemic began, more companies have offered remote work options for their employees, or have even switched to working entirely remotely – leaving empty office buildings a new ...
Leaving many office buildings obsolete and millions and millions of square feet of office space sitting unused. Office vacancy rates in Fairfax County are at 17%. A 20 year high.
All That Empty Office Space Belongs to Someone. What happens if the nearly 100 million square feet of workplace real estate stays empty? The 12th floor of 520 Eighth Avenue in Manhattan.
While converting office buildings to multifamily residential involves many considerations — including zoning codes, real estate values and structural issues — certain buildings may be good ...
Their pre-Covid gameplan to charge top-dollar for office space has been ruined by remote work. And then the icing on the cake: It’s no longer dirt cheap to borrow.
So Much Empty Office Space, So Few Easy Options The rise of hybrid work has left a lot of empty buildings. Some cities, however, are in better shape than others, writes this real-estate analyst.
Downtown Boston hasn’t had this much empty office space in years, even as construction hums along on some of the biggest towers the city has seen in decades. That’s raising questions about who ...
More than a billion square feet of office space stands empty in the US, according to Cushman & Wakefield’s estimates, for a national vacancy rate of 19.4% (up from 13% just before the pandemic).
There’s a lot of empty office space in downtown Denver. No problem, some say, make them apartments. By Sarah Mulholland · Apr. 20, 2022, 1:52 pm. Listen Now. 4min 17sec. Share: ...
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