Office

The company will partner with the real estate software maker Yardi Systems Inc. to develop WeWork Workplace, a tool that will let companies manage their employees and their office space.

The sector is now at a major inflection point as occupancy rates started to rise.

Sellers feel more confident they’ll get a fair price, while buyers are searching for yields higher than in industrial and multifamily sectors.

Occupancy at the 3.1-million-sq.-ft. property was at 93 percent in February 2020 and dipped to roughly 90 percent during the pandemic.

Demand from financial and tech firms is spreading from core business districts to residential areas where executives have scooped up homes during the pandemic.

Related Cos. is working with Hong Kong-based Swire Properties to develop a supertall office building at One Brickell City Centre.

Co-working operators are experiencing a higher percentage of workers returning to the office than traditional landlords.

About 30 percent of U.S. office buildings are at high risk at becoming obsolete, according to one consultant.

Shanghai Tower was locked down shortly after 8 a.m. local time Monday and people inside are barred from leaving until they are tested for the virus.

The Durst Organization's $1.8 billion One Bryant Park tower is at the center of the debate on New York City's Local Law 97, a sweeping measure establishing emissions caps.