Category: Real Estate (Commercial)

Where Does New York City Office Furniture Go?

Some office furniture in the New York City area has been caught in pandemic limbo. What happens to it if no one really wants it?
Corporate Landscaping Opts for Native Plants Over Manicured Lawns

More companies are eschewing manicured grass in favor of native plants, a shift driven by the environmental costs of installing and maintaining lawns.
American Cities Have a Conversion Problem, and It’s Not Just Offices

Piles of regulations, or “kludge,” and a culture of “no” are limiting the ability to turn building blocks into something new.
Demand for Data Centers Is Soaring

The need for data centers has soared, fueled by remote work and the growth of high-speed streaming. But finding the necessary land and energy can be a challenge.
Return to Office Enters the Desperation Phase

The next stage of getting workers back at their desks includes incentives like $10 to the charity of their choice — and consequences like poor performance evaluations if they don’t make the trek in.
How A.I. Is Helping Architects Change Workplace Design

With more hybrid workers and new office needs, firms like Zaha Hadid Architects are turning to artificial intelligence for solutions.
Westfield Gives Up San Francisco Mall, Signaling More Pain Ahead

Retailers have been fleeing the city’s downtown, and some analysts say there may be more to come. It’s an issue facing various downtowns around the United States.
Affordable Housing Woes Paint ‘Bleak Picture’ for Developers

So many developments have been sidetracked or delayed that some experts expect a “production cliff” to hit in a year or so, meaning fewer new homes coming onto the market.
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.
Hotelier Stops Making Loan Payments on Two San Francisco Properties

Park Hotels & Resorts said it stopped making payments on a $725 million loan tied to two prominent hotels in a city hit hard by pandemic-related changes.
Apple Bets the Vision Pro Can Take the Metaverse Mainstream

The iPhone maker is making a bold bet that it can redefine the niche category of virtual reality with its $3,500 goggles.
Co-Working Spaces Are Reviving Thanks to Remote Corporate Workers

For many, shared offices have become an escape from often chaotic homes — and a chance to join a community. Are they the future of co-working?