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Stress Builds as Office Building Owners and Lenders Haggle Over Debt

A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]







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At Amazon Site, Tornado Collided With Company’s Peak Delivery Season

Amazon’s model of using contractors is part of a huge push that the company started in 2018 to expand its own deliveries, rather than rely solely on shipping companies like […]




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After Pandemic, Shrinking Need for Office Space Could Crush Landlords

Roughly 17.3 percent of office space in Manhattan is available for lease, the most in at least three decades. Asking rents have dropped to just over $74 a square foot, […]