At an office in SoHo, rows of desks sit empty, while a shaggy dog — shadowing an owner nostalgic for work-from-home comforts — wanders the conference rooms. At a tech […]
Landlords
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Back to news homeWeWork Faces More Turmoil After Its CEO Departs
Sandeep Mathrani was supposed to be WeWork’s savior.A real estate executive, he became the chief executive of the troubled office space company in 2020 after a failed initial public offering […]
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 […]
Inflation Has Hit Tenants Hard. What About Their Landlords?
Geography also matters. Even among the largest landlords, those with a presence in Sun Belt cities such as Miami, Tampa, Nashville and Phoenix saw far faster rent growth than high-cost […]
In Bronx Housing Court, Tenants Fight to Stay in Their Homes
Rocio Quero Yescas is 56 and walks with a cane, and she fears she will trip and fall because the floor tiles in her apartment keep peeling up.Kenya Whitt, a […]
Start-Ups Flock to WeWork, Trellis and Other Low-Commitment Spaces
When Melissa Pancoast moved her financial literacy start-up, The Beans, into a WeWork office in San Francisco’s Salesforce Tower last May, most of the offices around her were rented out […]
WeWork Goes Public Two Years After Aborted I.P.O.
“I made a wrong decision,” Masayoshi Son, SoftBank’s chief executive, said last year. “I didn’t look at WeWork right.” SoftBank has agreed to cap its voting power in the company […]