Business Distress in Office Market Spreads to High-End Buildings Nick J Adam Mar 29, 2023 Defaults and vacancies are on the rise at high-end office buildings, in the latest sign that remote work and rising… Read More...
Business New York Hotel Owners Cheer Recent Revival, But Are Wary of Possible Slump Nick J Adam Jan 3, 2023 New York City hotel owners are toasting a year that showed signs of a sustained recovery from the pandemic, but the… Read More...
Technology Outdoor Retailer Patagonia Tests Solar Windows Kevin Colleran Dec 28, 2022 At Patagonia Inc.’s California headquarters, some windows double as power generators.The outdoor-clothing retailer is… Read More...
Business Black Friday Status Dims as Sales in Stores Fall Short Nick J Adam Dec 7, 2022 Sales at bricks-and-mortar stores over Thanksgiving weekend fell short of prepandemic levels and were behind last year’s… Read More...
Technology Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize Kevin Colleran Nov 15, 2022 The big technology companies that drove U.S. office demand for years as they expanded their empires are now canceling… Read More...
Technology WeWork Joins Rush of Tech Companies Into Office Software as Its Shares Sag Kevin Colleran Aug 3, 2022 WeWork Inc. is hoping to boost its drooping share price by joining the growing number of… Read More...
Technology Silicon Valley Bets on New Transport to Counter the Rise of Remote Work Kevin Colleran Jul 16, 2022 Real-estate developers are ramping up new office projects in Silicon Valley, confident that big technology companies… Read More...
Business Empty Wall Street Offices to Be Revived as Apartments Nick J Adam Jun 21, 2022 A venture of two New York developers has purchased a one-third empty office building in the city’s financial district… Read More...
Technology Hotels Using NFTs to Create a StubHub for Lodging Reservations Kevin Colleran May 24, 2022 Some resort owners think they have found a way to avoid getting stuck with excess inventory when guests cancel at the… Read More...
Business New York City Doormen Reach Tentative Deal With Building Owners, Averting Strike Nick J Adam Apr 20, 2022 New York City doormen and other apartment-building workers said Tuesday that they reached a tentative contract… Read More...