#office-space

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#commercial-real-estate

The NYC office market was full of surprises - both good and bad - in 2024

Manhattan's commercial real estate market shows resilience with low vacancy rates despite remote work trends.

An iconic gem of New York City's skyline is the latest victim of the office collapse

The Chrysler Building faces potential foreclosure amid escalating commercial real estate challenges in NYC.

Get-back-to-your-desk mandates spark office refill revolution

Return-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.

Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News Matters

Silicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.

Clipper Equity delinquent on $100M DoBro loan

Clipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.

San Jose approves tax breaks to help fill empty office space

San Jose City Council implements tax relief to attract businesses for vacant office spaces.

The NYC office market was full of surprises - both good and bad - in 2024

Manhattan's commercial real estate market shows resilience with low vacancy rates despite remote work trends.

An iconic gem of New York City's skyline is the latest victim of the office collapse

The Chrysler Building faces potential foreclosure amid escalating commercial real estate challenges in NYC.

Get-back-to-your-desk mandates spark office refill revolution

Return-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.

Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News Matters

Silicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.

Clipper Equity delinquent on $100M DoBro loan

Clipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.

San Jose approves tax breaks to help fill empty office space

San Jose City Council implements tax relief to attract businesses for vacant office spaces.
morecommercial-real-estate
#amazon

Internal Amazon list shows more than 40 office locations where its five-day RTO plan is delayed

Amazon's full return-to-office plan has been postponed in multiple locations due to inadequate office space.

Amazon may be primed to add space near its NYC headquarters as more workers return to office

Amazon is negotiating to lease HSBC's 350,000 square feet at 452 Fifth Ave. for a return-to-office plan.

Amazon stops return to office policy for US workers due to lack of office space

Amazon's full-time return-to-office mandate is paused due to insufficient office space, causing concern and dissatisfaction among employees.

Internal Amazon list shows more than 40 office locations where its five-day RTO plan is delayed

Amazon's full return-to-office plan has been postponed in multiple locations due to inadequate office space.

Amazon may be primed to add space near its NYC headquarters as more workers return to office

Amazon is negotiating to lease HSBC's 350,000 square feet at 452 Fifth Ave. for a return-to-office plan.

Amazon stops return to office policy for US workers due to lack of office space

Amazon's full-time return-to-office mandate is paused due to insufficient office space, causing concern and dissatisfaction among employees.
moreamazon
#real-estate

Historic NYC office building fetches a fraction of its recent $245M sale price - here's why

Williams Equities acquired a Midtown office building for significantly less than its previous sale price, indicating market shifts post-pandemic.

Adams administration plans to slash municipal office footprint

NYC is reducing underused office space to cut costs, affecting landlords and adapting to post-pandemic workforce changes.

Latest State of Downtown report shows the city core's businesses and housing are in transition - Austin Monitor

Downtown Austin's office market faces high vacancy rates and evolving space requirements due to the shift towards hybrid work.

Employers that downsized office space say they now need to expand with hybrid work

Employers are increasingly looking to expand office space as hybrid work becomes established and in-person attendance increases.

Two NYC towers put final touches on major upgrades as they buck downtown malaise

Despite downtown's challenges, 28 Liberty St. shows strong leasing success, with Fosun's modernization efforts resulting in occupant growth and new retail space.

Renewals dominate LA's top office leases for 2024

Tenants largely stayed put in 2024, resulting in a market dominated by renewals with only a few new office leases.

Historic NYC office building fetches a fraction of its recent $245M sale price - here's why

Williams Equities acquired a Midtown office building for significantly less than its previous sale price, indicating market shifts post-pandemic.

Adams administration plans to slash municipal office footprint

NYC is reducing underused office space to cut costs, affecting landlords and adapting to post-pandemic workforce changes.

Latest State of Downtown report shows the city core's businesses and housing are in transition - Austin Monitor

Downtown Austin's office market faces high vacancy rates and evolving space requirements due to the shift towards hybrid work.

Employers that downsized office space say they now need to expand with hybrid work

Employers are increasingly looking to expand office space as hybrid work becomes established and in-person attendance increases.

Two NYC towers put final touches on major upgrades as they buck downtown malaise

Despite downtown's challenges, 28 Liberty St. shows strong leasing success, with Fosun's modernization efforts resulting in occupant growth and new retail space.

Renewals dominate LA's top office leases for 2024

Tenants largely stayed put in 2024, resulting in a market dominated by renewals with only a few new office leases.
morereal-estate
#remote-work

Don't Go To The Office 5 Days A Week

Amazon's strategy to enforce a full-time office return reflects a misjudgment rooted in the sunk cost fallacy rather than a logical business decision.

1 in 3 companies are enforcing RTO due to office leases, report finds

Lease agreements significantly influence return-to-office (RTO) policies, with many companies reassessing their space needs due to long-term leases.

Exclusive: Airbnb to keep S.F. headquarters with long term lease

Airbnb extends its San Francisco lease until 2037, reaffirming its commitment to fostering in-person collaboration despite a flexible remote work policy.

Google to leave prominent office complex in San Francisco next year, report says

Google is leaving its office space at One Market Plaza due to flexible schedules and work from home trend, impacting San Francisco's economy.

Coworking Vs. Home Office: Why Consider Renting Office Space

A dedicated office space outside the home can enhance focus and creativity, minimizing distractions from home life.

Airbnb Is Staying Put at 888 Brannan, Ending Year of Speculation

Airbnb has extended its headquarters lease in San Francisco until 2037, indicating a commitment to in-person collaboration despite recent downsizing trends.

Don't Go To The Office 5 Days A Week

Amazon's strategy to enforce a full-time office return reflects a misjudgment rooted in the sunk cost fallacy rather than a logical business decision.

1 in 3 companies are enforcing RTO due to office leases, report finds

Lease agreements significantly influence return-to-office (RTO) policies, with many companies reassessing their space needs due to long-term leases.

Exclusive: Airbnb to keep S.F. headquarters with long term lease

Airbnb extends its San Francisco lease until 2037, reaffirming its commitment to fostering in-person collaboration despite a flexible remote work policy.

Google to leave prominent office complex in San Francisco next year, report says

Google is leaving its office space at One Market Plaza due to flexible schedules and work from home trend, impacting San Francisco's economy.

Coworking Vs. Home Office: Why Consider Renting Office Space

A dedicated office space outside the home can enhance focus and creativity, minimizing distractions from home life.

Airbnb Is Staying Put at 888 Brannan, Ending Year of Speculation

Airbnb has extended its headquarters lease in San Francisco until 2037, indicating a commitment to in-person collaboration despite recent downsizing trends.
moreremote-work
#architecture

1970s Seifert designed office tower set for demolition

The new office tower will focus on modern design principles, improve pedestrian space, and prioritize carbon reduction by retaining parts of the existing structure.

monolithic metal module hosts workspace, lounge, and kitchen at studioinoci's office in milan

Nucleo Headquarters highlights sustainable design with versatile spaces anchored by a recycled metal monolith, emphasizing an industrial aesthetic.

TAOA 798 Studio / TAOA

The project reimagines an old structure into a designer-friendly, inspiring work environment with a blend of nature and modern design.

1970s Seifert designed office tower set for demolition

The new office tower will focus on modern design principles, improve pedestrian space, and prioritize carbon reduction by retaining parts of the existing structure.

monolithic metal module hosts workspace, lounge, and kitchen at studioinoci's office in milan

Nucleo Headquarters highlights sustainable design with versatile spaces anchored by a recycled metal monolith, emphasizing an industrial aesthetic.

TAOA 798 Studio / TAOA

The project reimagines an old structure into a designer-friendly, inspiring work environment with a blend of nature and modern design.
morearchitecture

Like Elon Musk, 1 in 3 bosses admit they are pushing RTO because they're so upset about wasting money on all those empty desks

Long-term office leases, rather than employee productivity, heavily influence companies' return-to-office mandates.

From San Jose to D.C.: How Sam Liccardo is getting ready - San Jose Spotlight

Congressman Liccardo faces challenges with high living costs and office space in the Bay Area, impacting staffing decisions.

Huge Bay Area offices pass from one tech company to another

Snowflake has secured a significant sublease in Menlo Park, highlighting confidence in the Bay Area tech scene and the company's growth plans.

Local law firm relocates, experts say the move follows several trends - Albuquerque Business First

Mayer LLP's move to a larger, higher-quality office space reflects a growing trend in the legal industry toward enhancing employee experience and work environments.
#interior-design

balbek bureau envisions multifunctional workspace in zurich as cinematic frame

Balbek bureau designed a multifunctional cinematic office for Dynamic Frame in Zurich, emphasizing transparency and versatile spaces to support the film production process.

Six things to look for on your office viewing tour - London Business News | Londonlovesbusiness.com

Choosing the right office space is essential for productivity and culture, impacting overall business success.

balbek bureau envisions multifunctional workspace in zurich as cinematic frame

Balbek bureau designed a multifunctional cinematic office for Dynamic Frame in Zurich, emphasizing transparency and versatile spaces to support the film production process.

Six things to look for on your office viewing tour - London Business News | Londonlovesbusiness.com

Choosing the right office space is essential for productivity and culture, impacting overall business success.
moreinterior-design

Bow Arts Frieze Week Takeover | Berlin Art Link

The exhibition 'Take A Seat' redefines office space through innovative art, prompting reflections on corporate culture and our interaction with work environments.

Concerns over financial viability of Bromley Council's new offices dismissed

Labour councillors question the financial viability of renting out the Churchill Court block due to flawed estimates that exclude the purchase costs.

International video company opens first US office near Santana Row

Neat has secured a new 10,887 SQFT office space to enhance collaboration and client interaction.

Andreessen Horowitz shutters its 'Wall Street South' office after 2 years because nobody was showing up

Miami is thriving as a financial hub, but Andreessen Horowitz's closed office signals ongoing challenges in the office space amidst shifting market conditions.

Value of Gas Company Tower in DTLA Drops Another 21%

The Gas Company Tower in L.A. has significantly decreased in value over the years, currently worth $214.5 million, highlighting the decline in the Downtown office market post-pandemic.

Biglaw's Footprint Is Shrinking

Biglaw firms are leasing less office space, showing a downward trend.

TikTok is subleasing major San Jose office building

TikTok expanding operations in San Jose
ByteDance subleasing in Coleman Highline

Huge Santa Clara project delays plans for some offices as market flops

An estimated 4 million square feet of office space won't be built as planned in the Related Santa Clara project.
Instead, 1.6 million square feet of light industrial and advanced manufacturing spaces will be built on the site.

He pioneered telework for state workers 40 years ago. What's he think of return-to-office push?

David Fleming pioneered telecommuting for the state of California in 1985, emphasizing the benefits of reduced office space, improved flexibility, and improved air quality.
The Legislature codified telework in the 1990s, recognizing its potential to reduce air pollution, traffic congestion, and improve employee productivity and work-life balance.

Kaiser Buys Santa Clarita Office Building At 30% Discount to Last Sale

Kaiser Foundation Health Plan purchases a medical office building in Santa Clarita for $67 million, representing a 30% discount from its previous sale price.
Kaiser Foundation's decision to buy instead of rent office space reflects a trend in Southern California where companies are finding it more compelling to own their own properties.

20% of Southern California offices are empty. Where are the most vacancies?

Southern California had a 20% vacancy rate in office space at the end of 2023.
20 million square feet of office space was rented by new tenants, but 7 million square feet was added by companies abandoning offices.

New, bold Brooklyn waterfront office spaces are giving a new meaning to work from home

Brooklyn developers are focusing on prime office space closer to where workers live, offering tax incentives and energy programs to attract tenants with lower rents.
In the revitalization of the Domino sugar factory, Two Trees has created modern offices while preserving the historic facade and incorporating greenery and amenities.
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