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WeWork Files for Bankruptcy Amid Glut of Empty Offices
Posted inBankruptcies Company Reports Mathrani, Sandeep Neumann, Adam Real Estate (Commercial) Renting and Leasing (Real Estate) SOFTBANK Corporation Start-ups Tolley, David M WeWork Companies Inc

WeWork Files for Bankruptcy Amid Glut of Empty Offices

The move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases.
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Posted by By Jordyn Holman and J. Edward Moreno
WeWork Bankruptcy Would Deal Another Blow to Ailing N.Y. Office Market
Posted inBankruptcies Landlords New York City Real Estate (Commercial) Renting and Leasing (Real Estate) WeWork Companies Inc

WeWork Bankruptcy Would Deal Another Blow to Ailing N.Y. Office Market

The fallout would be particularly hard for landlords already struggling with piling debt and companies scaling back their office footprint.
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Posted by By Peter Eavis Matthew Haag and Julie Creswell
After Pandemic Rush, South Florida Office Market Sees Steady Demand
Posted inReal Estate (Commercial) Relocation of Business Renting and Leasing (Real Estate)

After Pandemic Rush, South Florida Office Market Sees Steady Demand

Developers are adding amenities like wellness rooms and restaurants as competition for top buildings remains strong in Miami-Dade, Broward and Palm Beach Counties.
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Posted by By Lisa Napoli
As Coal Plants Shutter, a Chance to Redevelop ‘the Gates of Hell’
Posted inDemolition Factories and Manufacturing Real Estate (Commercial) Real Estate and Housing (Residential) Urban Areas

As Coal Plants Shutter, a Chance to Redevelop ‘the Gates of Hell’

Developers are combining new strategies with state and federal funds to turn decayed power plants once considered a blemish into potential assets for economic growth.
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Posted by By Patrick Sisson

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