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Tony Park and Elad Dror Take A Gamble On Koreatown Office-To-Resi Conversion

Tony Park and Elad Dror Take A Gamble On Koreatown Office-To-Resi Conversion
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Office Buildings Are At The Beginning Of A Crisis

Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete.

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Owners saddled with half-empty office buildings as hybrid work trend continues | 60 Minutes

Hybrid work has put office building owners in a bind and could pose a risk to banks. Landlords are now confronting the fact that some of their office buildings have become obsolete, if not worthless.

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How empty office buildings are setting cities on a doom loop | 60 Minutes

A real estate sector rocked to its foundations by empty offices is struggling to adapt to hybrid work. The trouble with office buildings could ripple through the economy, hitting banks.

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Korean Media Company Scoops Up Midtown West Office Property for $37M

RJF Realty unloaded the property at 110 West 32nd Street, with an alternative address of 115 West 31st Street, to MediaWill.

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