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US commercial-property concerns keep mounting - experts warn of 'massive' debt refinancing risk and an economic 'doom loop'

Sun, 09/24/2023 - 05:45

NY buildings — Fatih AktaÅ/Anadolu Agency via Getty Images

Markets, mi-exclusive, Markets, commercial-real-estate, commercial-property, interest-rates-rising, mohamed-el-erian

Nobody has figured out return to office, but Asia is winning the battle

Wed, 09/20/2023 - 06:10

Tech Insider : Economy

Tokyo crossing — null
Smith Collection/Gado

economy, return-to-work, Offices, Hybrid, remote-work, Japan, south-korea

Salesforce CEO says he's 'always been a remote worker,' even though some of his employees have to return to the office

Tue, 09/19/2023 - 15:08

Marc Benioff — Salesforce CEO Marc Benioff said he's "always been a remote worker."
Kevin Dietsch/Staff/Getty Images.

Tech Insider, salesforce, remote-work, remote-working, Offices, marc-benioff

US commercial-property crisis deepens with office vacancy rate topping 2008 highs to hit a new record

Thu, 09/14/2023 - 07:10

Office towers — US office vacancy rates inched above a 2008 peak of 16.3%, per Colliers.
(Photo by Robert Alexander/Getty Images)

Markets, mi-exclusive, Markets, Offices, commercial-property, rising-interest-rates, interest-rates

Office sector collapse will cost US banks as much as $250 billion, hedge fund boss says

Mon, 09/11/2023 - 15:07

The interior of an empty office — Macklowe Properties

Markets, mi-exclusive, commercial-real-estate, us-banks, Markets, kyle-bass, stock-market

Architects explain how they're turning office buildings into apartments with high ceilings and more natural light

Mon, 09/04/2023 - 07:20

Tech Insider : Economy

Franklin Tower in Philadelphia before and after it was converted into residences. — Franklin Tower in Philadelphia before and after it was converted into residences.
Courtesy of Gensler and Robert Deitchler

Real Estate, economy, real-estate, Offices, Manhattan, urban-doom-loop, residential-construction

A hidden reason for San Francisco's remote work 'doom loop': Air conditioning

Sat, 09/02/2023 - 07:00

air conditioning hot — Dasqfamily

Tech Insider, san-francisco, remote-work, return-to-office, air-conditioning, tokyo, Offices

Your next apartment could be someone's old cubicle as developers rush to convert empty offices

Sun, 08/27/2023 - 07:02

Tech Insider : Economy, Politics

The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences. — The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences.
Courtesy of John Cetra

economy, Real Estate, politics, real-estate, Housing, Offices, return-to-work

Remote jobs are becoming more 'gig-like' as workers feel detached from their company's mission, Gallup finds

Thu, 08/24/2023 - 12:01

Tech Insider : Economy

Woman at a standing desk desk with 2 large desktop screens. — Artificial intelligence is transforming the work landscape.
Getty Images

economy, Careers, remote-work, work-from-home, return-to-office, Gallup, Hybrid

NYC rolls out plan to convert empty office buildings into 20,000 homes as remote working persists

Tue, 08/22/2023 - 08:07

NY buildings — NYC Mayor Eric Adams outlined proposals to convert the city's office buildings into 20,000 homes.
Fatih AktaÅ/Anadolu Agency via Getty Images

Real Estate, trending-uk, new-york-city, office-buildings, Offices, remote-work, nyc-landlord

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