As companies reduce their office footprint to accommodate remote work, they are turning to decommissioning teams to clear out furniture, fixtures and equipment.
Category: Landlords
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WeWork Misses $95 Million in Interest Payments
The skipped payments, another signs of the company’s financial troubles, are intended to start negotiations with lenders, it said.
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The Americans Most Threatened by Eviction: Young Children
About a quarter of Black babies and toddlers in rental households face the threat of eviction in a typical year, a new study says, and all children are disproportionately at risk.
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All That Empty Office Space Belongs to Someone
If the nearly 100 million square feet of office real estate stays empty, who loses?
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‘How To With John Wilson’ Is Ending. What Will He Do Now?
Now that the filmmaker’s HBO series is wrapping up, would he rule out directing a season of “The Bachelor”?
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‘How To With John Wilson’ Is Ending. What Will He Do Now?
Now that the filmmaker’s HBO series is wrapping up, would he rule out directing a season of “The Bachelor”?
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WeWork Faces More Turmoil After Its CEO Departs
The company’s top boss, a real estate industry veteran, abruptly left in May after growing frustrated with SoftBank, its largest shareholder and lender.
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.
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Getting Creative With Vacant Office Space: Storage, Gym, Film Set
The New York Times – Business:Some landlords are skipping residential conversion and instead seeking alternatives that are cheaper and easier to manage.
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Why Office Buildings Are Still in Trouble
The New York Times – Business:Hybrid work, layoffs and higher interest rates are leaving lots of office space vacant and hurting the commercial real estate business.
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As Housing Costs Soar, Co-Living Makes a Comeback
The New York Times – Business:The living arrangements, known as “dorms for adults,” are on the upswing after declining in the pandemic, and developers are adapting to the renewed interest.
