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Death of the construction crane: Skyscraper-building equipment touted as sign of thriving economy disappears from NYC and Chicago skyline as office values tank

New York and Chicago have been the hardest hit, with the number of cranes in each city down 69 percent since February of 2020, just before the onset of the COVID-19 pandemic. ....

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Real-estate tycoon looks to buy $900MILLION worth of San Francisco office space as companies and residents flee downtown amid homelessness, crime and work-from-home

Ian Jacobs, 47, has decided to purchase an estimated $900million worth of office space in San Francisco. He has set up $75million in commitments for the new business venture ....

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Staggering 19.6 PERCENT of US office space is unoccupied - emptier than at any other point in last 40 years

An astonishing 19.6 percent of office spaces in the US are unoccupied and have reached an all-time high in the country in the last 40 years. ....

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Microsoft to vacate 50,000 square feet of office space in San Francisco as tech-xodus continues amid drug and crime 'doom loop'

Microsoft is the latest tech giant to scale down their presence in the city with Meta and LinkedIn both subletting space in recent months and office vacancy rates at an all time high. ....

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With tech workers gone, what is the future of San Francisco?

Changes on Market Street, once the city’s commercial heart, are leading to questions about its future. ....

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