Office

Manhattan now has the most office space available since the aftermath of the Sept. 11 attacks.

“Well, if I worked seven days a week, 15 to 16 hours a day and I don’t take any holidays, at least for a period of time I’m going to be more productive.”

The possibility of higher levered returns is driving investor interest in class-A suburban office assets.

The availability rate rose to 13.5 percent in November, according to data from Colliers International.

While there is concern about distress in the short term, lenders of all kinds are willing to finance the right office transactions.

Markets such as Hamburg, Vienna, Moscow and St. Petersburg saw relatively strong flexible workspace take-up levels during the first half of 2020, accounting for up to 30 per cent of total office take-up, according to a new report.

Individual levels of remote work would depend on a variety of factors including role, personal circumstances, clients and regulations.

Clark has teamed up with former Tishman Speyer executive Philip Waterman to form the new real estate investment and operating firm.

The firm is discussing RXR Real Estate Market Dislocation & Mega-Trends Fund with potential investors.

The number of workers who went to the office in 10 of the largest U.S. business districts fell to 26.4 percent from pre-pandemic levels in the week ended Nov. 4.