office market


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CBRE CEO Bob Sulentic and 70 West Red Oak Lane in White Plains (Photos via CBRE; USTA)
Tri-State

CBRE to shutter White Plains office, lay off 35 employees

CBRE Group will permanently close its office in White Plains, laying off 35 employees, according to a notice recently...

CBRE to shutter White Plains office, lay off 35 employees
WeWork CEO Sandeep Mathrani (Getty)
National

WeWork losses continue but firm sees glimmer of hope

WeWork is still losing money, but the flex-office provider is hoping big changes in the office market will favor...

WeWork losses continue but firm sees glimmer of hope
Scott Stringer (Getty)

Shut down offices, indoor dining: Stringer

As Covid-19 cases spike in New York City, comptroller Scott Stringer — a front-runner in the 2021 mayoral race — just made himself very unpopular with office landlords. “We owe it to our kids...

Shut down offices, indoor dining: Stringer
Knotel CEO Amol Sarva (iStock)
National

Knotel may slash its global portfolio by 60%

Knotel once hoped to be the next WeWork. And as the pandemic rages on, it’s facing similar headwinds as...

Knotel may slash its global portfolio by 60%
Clockwise from top left: Boston Properties' Owen Thomas; Empire Real Estate Trust's Tony Malkin; Equity Commonwealth's David Helfand; Columbia Property Trust's Nelson Mills; SL Green's Marc Holliday; Vornado Realty Trust's Steve Roth; and Brookfield's Brian Kingston (Getty)
National

Office unease: Tenants are paying up but staying away

A pattern has emerged among office landlords reporting their third quarter results: The vast majority of tenants kept up...

Office unease: Tenants are paying up but staying away
CBRE CEO Robert Sulentic (Getty, iStock)
National

CBRE latest real estate firm to hop on SPAC bandwagon

Another major real estate firm is hopping on the SPAC bandwagon. CBRE, the world’s largest real estate services firm,...

CBRE latest real estate firm to hop on SPAC bandwagon
President elect Joseph Biden with Mitch McConell, President Trump and Nancy Pelosi (Getty)
National

Lame-duck Congress will resume stimulus package talks

After several long days of vote counting last week, former Vice President Joe Biden emerged as the president-elect, Republicans...

Lame-duck Congress will resume stimulus package talks

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