As companies reduce their office footprint to accommodate remote work, they are turning to decommissioning teams to clear out furniture, fixtures and equipment.
Category: Renting and Leasing (Real Estate)
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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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WeWork Declares Intent to Renegotiate Almost All Leases
A month after saying its continued existence was in doubt, the co-working company says it expects to “exit unfit and underperforming locations.”
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What to Know About New Airbnb Regulations in NYC
On Tuesday, the city will start enforcing strict new rules on how and when New Yorkers can rent out homes using platforms like Airbnb and VRBO.
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WeWork Cites ‘Substantial Doubt’ That It Can Stay in Business
The co-working company will seek to raise capital as it searches for a chief executive. Its battered stock plunged further.
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Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.
The start-up’s innovative business model has helped some renters save for a down payment on their home, but others have walked away frustrated by the company.
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What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
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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.
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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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I Won $50,000 From a Scratch-Off Lottery Ticket and Bought a House
Sydney Bean was young, broke and tolerating a bad roommate to make ends meet. Then she won the lottery.
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Once an Evangelist for Airbnbs, She Now Crusades for Affordable Housing
Precious Price ditched her profitable business of renting home stays to tourists to combat the mounting housing crisis.