(Bloomberg) BNP Paribas SA is set to give up space in a prime office tower in Singapore amid rising commercial rent in the financial hub, according to people familiar with the matter.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales Miss by the Most Ever in Brutal Blow for EVsTSMC Halts Some Chipmaking as Taiwan Gauges Quake FalloutThe Fr
In 2018, San Francisco voters passed the Early Care and Education Commercial Rents Tax (“Commercial Rents Tax”), which became effective as of January 1, 2019. The Commercial Rents Tax.
Of 158 New York-based firms, 56 have decamped to Florida, including hedge fund tycoon Paul Singer's Elliott Management and closely-watched stock picker Cathie Wood's ARK Investment Management.
SF business taxes another hurdle for office market therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Commercial real estate owners in New York, San Francisco, and London are handing keys back to lenders for properties worth less than the debt secured against them.