The number of riders using the 59th Street stop has been declining for years now. Since 2014, it’s down more than 50 percent. The lockdowns, coupled with the unhurried return of office workers, only served to exacerbate that downturn.
Despite repricing taking place in the sector, overall fundamentals remain strong with leasing for the 2022-23 academic year at healthy levels.
Hotel occupancy rates are up, but companies are struggling to staff up to meet demand, reports The Wall Street Journal. REITs are preparing for new climate reporting guidelines in the advance of the SEC finalizing new rules. These are among today...
The company will buy the James R. Thompson Center, a 17-story building that occupies a full city block in the central Loop district and was designed in the early 1980s by architect Helmut Jahn. The deal is valued at $105 million, before renovation.