The company will have added roughly 550,000 square feet of office space later this summer, when it opens 424 Fifth Avenue, the former Lord & Taylor department store, which it bought in 2020 for $1 ...

Her colleagues are in the background. ... Let's say your office space is 15' long by 12' wide, which comes to 180 square feet. Then, multiply 180 by $200 to equal $36,000, ...

More office space is currently sitting empty in the United States than at any point since 1979, said Moody’s Analytics, which began tracking office leasing vacancies that year.

While the current 19.6% availability rate for office space is worrisome for building owners, commercial leasing brokers and their tenants are smiling again. Tenants are out touring, seizing deals ...

An "Office Space Available" sign in the Loop neighborhood of Chicago, Illinois, US, on Friday, May 12, 2023. Hollowed-out downtowns are a depressing characteristic of American cities right now.

Their pre-Covid gameplan to charge top-dollar for office space has been ruined by remote work. And then the icing on the cake: It’s no longer dirt cheap to borrow.

Office buildings are poised to set records for a bad reason this year: The amount of office space in the US is declining for what is likely the first time in history. Skip to content.

The News. The amount of office space available for lease in Manhattan climbed to a record high during the first four months of 2023, according to the real estate firm Colliers.